(10:35 AM) Alert: This is a G rated room intended for a General Audience including minors. Offensive language is not permitted.
(10:35 AM) Alert: Hi , Welcome to TTT
(10:36 AM) hibuck2: o dude that killer car when you black out the windows and lower it and put big fat chrome wheels on it !!
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(10:37 AM) bitterwind4: good numberare limiting....just google it......
(10:38 AM) bitterwind4: all saying it does not fit longer term investing goals
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(10:43 AM) bitterwind4: edz down big today may be finding bottom 8.72 down 10% again
(10:43 AM) hibuck2: qqqq call volume double the put volume and the same on open intrest
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(10:43 AM) hibuck2: on 40.00
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(10:44 AM) bitterwind4: they will have to rev split edz??
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(10:45 AM) tomthetrader: 1150 by labor day If keeps up trend
(10:48 AM) tomthetrader: TWM ...looking to short with 25 % position in Traders
(10:48 AM) tomthetrader: we will give bid ask and fills here short ly
(10:49 AM) tomthetrader: ULTRASHORT RUSSELL20(NYSEArca: TWM)
Real-Time: 34.15 0.62 (1.78%) 10:48am EThelp
(10:50 AM) tomthetrader: stop 33.91
(10:51 AM) tomthetrader: SIM PAL really acting well?
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(10:51 AM) tomthetrader: Copper up big
(10:51 AM) tomthetrader: homebuildrers
(10:51 AM) tomthetrader: IWM 56.06 area is a short
(10:53 AM) tomthetrader: BGZ we will take a shot at next 26.50 area
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(10:58 AM) tomthetrader: stops at Break even TWM
(11:00 AM) tomthetrader: ULTRASHORT OIL & GAS(NYSEArca: DUG)
Real-Time: 15.99 0.77 (4.59%) 11:00am EThelp
(11:01 AM) hibuck2: ford sales up 2.30%
(11:01 AM) tomthetrader: again will layout position and fill DUG soon
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(11:08 AM) mdcully: Just wondering Dollar loosing value again today, based on this don't you think oil and gas are going higher?
(11:08 AM) tomthetrader: 16.00 added DUG
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(11:09 AM) tomthetrader: technically oil is double topping at the next $1 up
(11:09 AM) tomthetrader: and I do not think dollar can free fall and may rebound
(11:09 AM) tomthetrader: again we are short oil and RUT
(11:10 AM) tomthetrader: ULTRASHORT OIL & GAS(NYSEArca: DUG)
Real-Time: 16.00 0.76 (4.53%) 11:09AM EThelp
(11:10 AM) mdcully: ok i see, but dollar seems real weak
(11:10 AM) tomthetrader: very ..if they don't prop it up there are some Major consequences
(11:12 AM) tomthetrader: stop DUG 15.61
(11:15 AM) tomthetrader: 71.75 is the area we shorted Crude futures
(11:15 AM) tomthetrader: just for a reference on DUG
(11:15 AM) tomthetrader: when we e-mail or post chat
(11:16 AM) tomthetrader: 34.40 stop twm
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(11:17 AM) tomthetrader: 34.50 stop TWM
(11:17 AM) tomthetrader: sold TWM 34.50
(11:17 AM) Harrod_t: Nice trade
(11:18 AM) tomthetrader: stop dug at 15.95
(11:18 AM) hibuck2: QID HOD 26.59
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(11:24 AM) tomthetrader: Update just short oil via dug stops close
(11:25 AM) hibuck2: yup
(11:25 AM) derr11: g
(11:25 AM) ajayvee: y
(11:25 AM) csu30: y
(11:25 AM) mdcully: y
(11:26 AM) hibuck2: $PCRCO .67
(11:26 AM) hibuck2: $TNX 36.33 3.63
(11:26 AM) hibuck2: $TRIN .50 $TRIQE .53
(11:26 AM) hibuck2: $RUT 559.86
(11:26 AM) hibuck2: $SPX 997.52
(11:27 AM) hibuck2: NYSE A/D +1722
(11:28 AM) tomthetrader: target area SPX 944-960 for bears bulls you can expect 1025-1050 if all goes your way
(11:33 AM) thomas_Poland: I think we still have an up move
(11:33 AM) thomas_Poland: today
(11:33 AM) thomas_Poland: and down till Wednesday and up again
(11:33 AM) thomas_Poland:
(11:34 AM) thomas_Poland: and I wonder who is Ben from the email
(11:38 AM) tomthetrader: Red will find out !
(11:41 AM) tomthetrader: Stopped out of DUG will look to reenter shorts on a rally
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(11:43 AM) thomas_Poland: NQ the weakest
(11:43 AM) tomthetrader: NQ TF weaqkness in High Beta
(11:44 AM) tomthetrader: again the goal is on shorts lock in profits and cut losses short
(11:44 AM) tomthetrader: a few more good trades here will help us from our XLF boo boo
(11:45 AM) tomthetrader: 1st trading day of August down 5-6 last
(11:47 AM) tomthetrader: again stopped out of DUG officially at 15.95 will take a small loss...and reenter later ..lunch time early we will check back in 15-30 min utes TTT ...keep your heads up guys ...we are set for some big trades ...
(11:48 AM) thomas_Poland: new member ?
redliontrader: 139 new highs
(11:52 AM) tomthetrader: OK
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(11:52 AM) tomthetrader: BULL RUN still on amazing the bears and bulls alike
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(11:55 AM) tomthetrader: market digesting gains well everyday
(11:56 AM) tomthetrader: Equity P/C still in 5 handle ...very DANGEROUS
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(12:10 PM) tomthetrader: very good day to look at the longs doing well as it seems like metals amd miners esp junior spec types are best
(12:10 PM) thomas_Poland: this time the rally is on small volume
(12:10 PM) thomas_Poland: on 5 min chart
(12:11 PM) tomthetrader: probably the lunch time rally will be the last ...1000 cash SPX will hold ?
(12:11 PM) thomas_Poland: very possible
(12:12 PM) thomas_Poland: but close will be positive today
(12:12 PM) tomthetrader: Doug Kass is fighting the Tape and hurting ...still roiling folks at The Street .com
(12:13 PM) tomthetrader: 999.25 ES highs ?
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(12:14 PM) thomas_Poland: I wanted 1001-1003 ES
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(12:15 PM) tomthetrader: 999.25 high since Nov 08
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(12:21 PM) tomthetrader: bzh
(12:21 PM) tomthetrader: .25
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(12:22 PM) tomthetrader: wfc.25
(12:22 PM) tomthetrader: sim
(12:22 PM) tomthetrader: dag
(12:22 PM) tomthetrader: zf
(12:24 PM) tomthetrader: uup
(12:24 PM) tomthetrader: long dollar
(12:25 PM) tomthetrader: uup ira 10 per cent uup to the ira .....short w bgz here soon .plus futures
(12:25 PM) tomthetrader: 999.25 es
(12:25 PM) tomthetrader: 330 es points off the lows
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(12:26 PM) tomthetrader: 72.00 good short for crude
(12:26 PM) tomthetrader: dag dyy
(12:26 PM) tomthetrader: dag
(12:26 PM) tomthetrader: dba
(12:28 PM) thomas_Poland: SEC sues $BAC?
(12:28 PM) tomthetrader: They try to sue everyone /
(12:28 PM) tomthetrader: never works ..deep pockets
(12:29 PM) csu30: Jump starting the economy or just another bubble?
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(12:31 PM) thomas_Poland: symmetrical triangle now on 5 min
(12:31 PM) berniectx: Listened to Jim Bell yesterday on Sunday radio show...thinks we are in wave 2 advance ending maybe end of August early September then start of wave 3 down ??
(12:33 PM) hibuck2: $RUT HOD 562.03
redliontrader: New highs @ 12:30 147 - prediction for close 184
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(12:36 PM) thomas_Poland: where is the data from red ?
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(12:36 PM) tomthetrader: right above you
(12:36 PM) tomthetrader: New highs 147
(12:37 PM) tomthetrader: prediction for close 184
(12:37 PM) tomthetrader: new high for year and bull run
(12:37 PM) thomas_Poland: breaking to downside
(12:38 PM) thomas_Poland: symmetrical triangle
(12:38 PM) tomthetrader: Yes 996.25 short ES ?
(12:39 PM) traderh_2: Great call Tom I got 2000 BGZ @ 25.57
(12:39 PM) thomas_Poland: 989 target
(12:40 PM) thomas_Poland: but they want to close inside triangle ?
(12:40 PM) thomas_Poland: we bounced of vwap
(12:41 PM) tomthetrader: seems like a buy and hold mentality has set in this new Bull
(12:41 PM) tomthetrader: as the selling just doesn't add up and buyers pop in each selloff
(12:43 PM) hibuck2: BAC off .60 from high
(12:44 PM) tomthetrader: today's gap and last weeks finish was very much overdone ....selling will pop in somewhwere
(12:44 PM) thomas_Poland: maybe SEC info
(12:44 PM) hibuck2: huge block trades on BAC
(12:44 PM) rjllanas: i tried too short bac earlier at 15.55 but no share where avaliable to short
(12:44 PM) tomthetrader: Maybe...they have a new board which changes like bad underwear ?
(12:45 PM) tomthetrader: BAC
(12:45 PM) rjllanas: yeah
(12:45 PM) tomthetrader: Tank of America
(12:46 PM) rjllanas: closes under 15 back to 14
(12:46 PM) rjllanas: 14 support
(12:47 PM) thomas_Poland: fake breakdown ?
(12:47 PM) thomas_Poland: geez .. it looks like the only smart thing to do is buy buy buy
(12:47 PM) thomas_Poland: it is getting funny
(12:47 PM) tomthetrader: yes
(12:52 PM) rjllanas: oxy
(12:53 PM) hibuck2: BAC back to 15.30
(12:53 PM) tomthetrader: OXY my fave pil
(12:54 PM) tomthetrader: OIl
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(12:54 PM) thomas_Poland: no volume moves this market up
(12:54 PM) thomas_Poland: no sellers at all?
(12:54 PM) tomthetrader: Not until 3pm and then we will be !
(12:54 PM) thomas_Poland: and who will be greatest fool this tiem ?
(12:54 PM) tomthetrader: maybe 1:56pm ?
(12:54 PM) thomas_Poland: time
(12:55 PM) tomthetrader: ??? million dollar question
(12:55 PM) tomthetrader: we need to use small positions to beat this market since we are not flowing with longs
(12:55 PM) tomthetrader: many in our group are long long long ...
(12:56 PM) tomthetrader: and are getting a well deserved profit
(12:56 PM) tomthetrader: very well deserved
(12:56 PM) tomthetrader: many were able to stick with longs and are creaming the market
(12:56 PM) tomthetrader: very proud of them
(12:56 PM) tomthetrader: great job
(12:58 PM) rjllanas: u r looking to short oxy
(12:59 PM) tomthetrader: Not right now ..but in the next 1-3 days ..I would rather use DUG or puts
(12:59 PM) tomthetrader: 13.28 XLF seems to be all they can do today ?
(12:59 PM) tomthetrader: XLF ?
(1:00 PM) rjllanas: ok i like the idea
(1:03 PM) tomthetrader: POWERSHARES DB CRUDE(NYSEArca: DTO)
Real-Time: 72.92 5.95 (7.54%) 1:02pm EThelp
(1:03 PM) tomthetrader: 10% short in Main Fund DTO at 72.92
(1:04 PM) hibuck2: $RUT 562.27
(1:04 PM) tomthetrader: stop DTO 70.00
(1:04 PM) tomthetrader: again buying DTO at 72.92 in Main fund stop 70.00
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(1:05 PM) tomthetrader: 72.74 filled
(1:05 PM) tomthetrader: POWERSHARES DB CRUDE(NYSEArca: DTO)
Real-Time: 72.74 6.13 (7.77%) 1:04PM EThelp
(1:06 PM) tomthetrader: LARGE CAP BEAR 3X(NYSEArca: BGZ)
Real-Time: 26.42 1.22 (4.41%) 1:05pm EThelp
(1:06 PM) tomthetrader: Filled 26.42
(1:07 PM) eman11: I missed the audio what was the percentage for BGZ?
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(1:08 PM) tomthetrader: 10% Btraders
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(1:11 PM) berniectx: booted a couple times today from Paltalk scene
(1:11 PM) tomthetrader: NUE is simply breaking my heart
(1:12 PM) tomthetrader: Sorry Bernie
(1:12 PM) tomthetrader: Hopefully we can have a good connection week
(1:13 PM) tomthetrader: ULTRASHORT REAL ESTA(NYSEArca: SRS)
Real-Time: 14.99 0.35 (2.28%) 1:12PM EThelp BUY 10 % SRS here at 14.99
(1:13 PM) bitterwind4: Bernie u need to upgrade PT..think it is 39.95 for yr and it will improve it.
(1:14 PM) tomthetrader: 10% position in Traders in SRS 14.99
(1:14 PM) berniectx: might have to bitter touble the last week or so
(1:14 PM) bitterwind4: I think it is in their business plan to give you grief til you do.
(1:14 PM) tomthetrader: Commodities are going crazy bull
(1:14 PM) tomthetrader: STEEL
(1:16 PM) tomthetrader: HPQ down
(1:16 PM) tomthetrader: some stalwarts lagging ?
(1:16 PM) tomthetrader: but a/d new highs etc keep on keeping on
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(1:20 PM) tomthetrader: WE WILL ADD 20 contracts of XLF AUG PUTS 15.00 at ask
(1:21 PM) ajayvee: Naz A/D +866 Vol +3.5:1
(1:21 PM) bitterwind4: CSCO sure has run reports 7/5ah
(1:21 PM) ajayvee: NYSE A/D +1784 Vol +5.4:1
(1:21 PM) ajayvee: RUT A/D +664 Vol +1.2:1
(1:22 PM) bitterwind4: could help keep the bull running...any expectations for CSCO??
(1:22 PM) tomthetrader: CSCO should beat but will down play out look ...has hurt the market in the past...it is a REAL BELLWEATHER
(1:23 PM) tomthetrader: Tomorrow a KEY day for the world
(1:23 PM) bitterwind4: lots a lod in bear etf's
(1:23 PM) tomthetrader: be back 1:56pm
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redliontrader: 1:30 pm New Highs 157, predicted close 176 (-8)
(1:37 PM) eman11: assuming the new high close at around 176, what would be target price for tomorrow?
redliontrader: target price or target new high?
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(1:40 PM) eman11: target new high, I think tomorrow will finally be the day we don't hit it?
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(1:42 PM) hibuck2: another HOD $RUT 563.31
redliontrader: Eman it will be around 76
(1:46 PM) eman11: Thanks
(1:52 PM) tomthetrader: again the fills on the XJTZO is 1.76
(1:53 PM) tomthetrader: so we now have 40 avg 1.76 and 2.05 1.90 per contract avg price
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(1:58 PM) eman11: count me in 997.50-.75
(1:58 PM) sttteve: 997.5
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(1:58 PM) tomthetrader: 998.00
(1:58 PM) ajayvee: 998.
(1:59 PM) tomthetrader: 10 short here
(1:59 PM) tomthetrader: ES entered short 10 ES
(1:59 PM) tomthetrader: 998.00 ES e-minis
(2:00 PM) tomthetrader: E-MINI S&P 500 (ES U9) Last: 998.00 Change: 13.50 Monday August 03, 2009 13:00 CDT
(2:01 PM) tomthetrader: tomandprisha@ msn.com or go to http://www.ttthedge.com
(2:01 PM) hibuck2: stop out bgz
(2:02 PM) hibuck2: i know
(2:02 PM) hibuck2: just playing safe
(2:03 PM) tomthetrader: Yes...in this market you are right ...you can reenter anytime it seems ..better be safe
(2:03 PM) ajayvee: new HOD in ES and SPX
(2:07 PM) ajayvee: RUT A/D +816 Vol +1.5:1
(2:07 PM) ajayvee: NYSE A/D +1956 Vol +6.5:1
(2:08 PM) ajayvee: Naz A/D +959 Vol +3.9:1
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(2:09 PM) tomthetrader: rut 1-1 is interesting
(2:09 PM) tomthetrader: 120.00 ibm
(2:10 PM) tomthetrader: 13.33 xlf
(2:10 PM) tomthetrader: q's 40.00
(2:10 PM) tomthetrader: 998 + ES
(2:10 PM) tomthetrader: 1000 never ?
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(2:11 PM) tomthetrader: 999.75 ?
(2:11 PM) thomas_Poland: yes
redliontrader: right now
(2:11 PM) eman11: yes
(2:11 PM) ajayvee: yes 1000.25
(2:11 PM) tomthetrader: Now
(2:11 PM) tomthetrader: some vomume
(2:11 PM) tomthetrader: Volume
(2:12 PM) eman11: XLF can't make new high on this run, stopped at morning high of 13.33
(2:13 PM) tomthetrader: wonder if we can really have a 1025 type blowoff...that would wipe out all losses from November?
(2:14 PM) thomas_Poland: volume in SPY is low ????
(2:16 PM) rjllanas: dyy
(2:17 PM) tomthetrader: YES
(2:18 PM) tomthetrader: DOW HOD
(2:20 PM) tomthetrader: 98% of the time I just hear the bad news ...rarely do we get the good news !
(2:22 PM) tomthetrader: YM just EXPLODED with Buyers
(2:23 PM) tomthetrader: Trend day really ascerting itself here
(2:23 PM) tomthetrader: Gold 960.00
(2:24 PM) tomthetrader: FED will stop dollars drop soon
(2:24 PM) tomthetrader: UUP is going into the IRA 10%
(2:24 PM) tomthetrader: Buy UUP Here 10% long into IRA
(2:24 PM) tomthetrader: PS DB USD IDX BL FD(NYSEArca: UUP)
Real-Time: 23.09 0.23 (0.99%) 2:03pm EThelp
(2:25 PM) eman11: Stop on ES?
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(2:26 PM) tomthetrader: None yet...4 points if you need to be stopped
(2:26 PM) tomthetrader: NO STOP ON ES til tomorrow for my official hold
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(2:27 PM) eman11: XLF still did not break to new highs of the day
redliontrader: citigroup (C) at LOD..
redliontrader: bouncing between green and red
(2:28 PM) tomthetrader: Lots of divergeances
(2:28 PM) tomthetrader: but power is on bulls side
(2:28 PM) ajayvee: GS near LOD
(2:30 PM) tomthetrader: yes
(2:30 PM) hibuck2: the TRINS show no selling
(2:30 PM) tomthetrader: frozen ..but bullish
redliontrader: 2:30pm New Highs 155, prediction 176 (0)
(2:31 PM) tomthetrader: Look at ZF the little engine that could ?
(2:31 PM) hibuck2: got some more QQQ TN @ .85
(2:32 PM) tomthetrader: LM and ZF
(2:32 PM) tomthetrader: My retirement
(2:33 PM) thomas_Poland: TRIN gone crazy
(2:33 PM) ajayvee: some bad ticks?
(2:34 PM) tomthetrader: Yes
(2:34 PM) tomthetrader: bad prints
(2:34 PM) thomas_Poland: maybe
(2:34 PM) thomas_Poland:
(2:34 PM) tomthetrader: some put buying is really shooting the market
(2:34 PM) dhmohan1963: tom are we going more that 1010
(2:34 PM) thomas_Poland: or one imporant stock is moving ?
(2:34 PM) ajayvee: GS making new LOD
(2:35 PM) tomthetrader: DH Mohan ..it seems like 1010-1025 is the next resistance
(2:35 PM) dhmohan1963: i am worried that it may be it
(2:35 PM) tomthetrader: we all are worried about something...many bulls many bears ....we have to manage rik
(2:35 PM) tomthetrader: risk not rik
(2:36 PM) dhmohan1963: and a lot of people think that way and mr market does oppsite
(2:36 PM) tomthetrader: They suck in and spit out the bad traders
(2:36 PM) tomthetrader: and keep them from playing in this game
(2:37 PM) tomthetrader: it is the toughest job on earth...something most would think of as a coin toss
(2:37 PM) tomthetrader: is much harder
(2:37 PM) tomthetrader: as 80% plus lose or can'tbeat the aerages
(2:37 PM) tomthetrader: averages
(2:38 PM) tomthetrader: but we will beat them handily as we have thomas on our side ?
(2:38 PM) ajayvee: and others can't type
(2:38 PM) tomthetrader:
(2:38 PM) tomthetrader: Fat fingers
(2:39 PM) ajayvee: or the keys are too small
(2:39 PM) tomthetrader: Both
(2:39 PM) tomthetrader: back in the 80's we had big keys
(2:39 PM) tomthetrader: and big computers...everything bigger
(2:39 PM) tomthetrader: AG has been right on !
(2:41 PM) tomthetrader: POWERSHARES DB CRUDE(NYSEArca: DTO)
Real-Time: 73.52 -5.35 (-6.78%) 2:30pm EThelp
(2:41 PM) tomthetrader: stop 73.50
(2:42 PM) ajayvee: DTO 73.31?
(2:42 PM) tomthetrader: dropped quick !
(2:42 PM) tomthetrader: It will comeback
(2:43 PM) tomthetrader: stop at 73.20
(2:43 PM) tomthetrader: 73.39
(2:43 PM) ajayvee: 73.21
(2:43 PM) tomthetrader: now
(2:43 PM) tomthetrader: sell at 73.52
(2:44 PM) tomthetrader: very volatile
(2:45 PM) tomthetrader: POWERSHARES DB CRUDE(NYSEArca: DTO)
Real-Time: 73.31 5.56 (7.05%) 2:44pm EThelp
(2:46 PM) tomthetrader: Last Trade: 73.31
Trade Time: 2:45PM ET
Change: 5.56 (7.05%)
Bid: 73.32 x 100
Ask: 73.41 x 4300
(2:46 PM) tomthetrader: ES got back to 998.00
(2:48 PM) ajayvee: bulls buying protection?
(2:48 PM) tomthetrader: I don't know ...it is very troubling ...
(2:49 PM) tomthetrader: for shorts ...I want to see froth but it was more frothy in june
(2:49 PM) tomthetrader: BAC is on a wild ride
(2:50 PM) ajayvee: XLF hasn't moved much this afternoon
(2:52 PM) tomthetrader: SELL 10 ES at the market here at SPX cash under 1000 OK avg prices here ...next 5 minutes down
(2:52 PM) tomthetrader: Take off ES shorts here
(2:52 PM) rjllanas: roller coaster
(2:52 PM) tomthetrader: please give avg fill over 5 monutes on this sell off
(2:52 PM) tomthetrader: any fills /
(2:53 PM) rjllanas: final destination XX
(2:53 PM) tomthetrader: XXXXX
(2:53 PM) tomthetrader: Dos Equis /
(2:53 PM) ajayvee: 998.50
(2:53 PM) eman11: 988.50-.75
(2:54 PM) sttteve: 998.50
(2:54 PM) tomthetrader: 998.50
(2:54 PM) tomthetrader: had 997.75
(2:54 PM) tomthetrader: 998.50 we will get back
(2:55 PM) tomthetrader: should have sold off harder
(2:56 PM) hibuck2: I hv The $TRIN way up now $TRIN 1.18 $TRIQE .55
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(2:56 PM) hibuck2: .74
(2:56 PM) hibuck2: y
redliontrader: trin went up when citigroup went negative...
(2:58 PM) tomthetrader: ES now making $$$$
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(2:58 PM) tomthetrader: we protected too well
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(3:02 PM) tomthetrader: It is impossible to stop the strength is so deep in the institutions...no sellers can hold it ?
(3:06 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.
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(3:09 PM) tomthetrader: we should be out of DTO at 73.52 right
(3:10 PM) tomthetrader: for those in it .....let me know
(3:10 PM) tomthetrader: (2:43 PM) ajayvee: 73.21
tomthetrader: now
tomthetrader: sell at 73.52
(3:10 PM) ajayvee: 73.73 DTO
(3:11 PM) tomthetrader: YEAH
(3:11 PM) tomthetrader: WTG AJ
(3:11 PM) ajayvee:
(3:11 PM) tomthetrader: 73.54 now ...you are good AJ
(3:12 PM) ajayvee: Lucky
(3:12 PM) sttteve: honest at least
(3:12 PM) tomthetrader: NAHHH
(3:12 PM) tomthetrader: We're in an area on the Bullish Percent Charts that has been exceeded only 3 times since 1994.
(3:13 PM) thomas_Poland: any 6% move down is sell signal
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(3:14 PM) thomas_Poland: in Bullish Percent
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(3:14 PM) tomthetrader: agree
(3:15 PM) tomthetrader: just 0 selling
(3:17 PM) rjllanas: still hod bgz
(3:17 PM) tomthetrader: 2004 naz
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(3:17 PM) tomthetrader: 1001 spx
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(3:17 PM) azags: Thomas VV gave a confirmed buy signal on july 21 but you knew that being part owner of the company. Their last call a sell signal on july 10 was wrong
(3:18 PM) tomthetrader: 50/50 for july zags ....
(3:19 PM) thomas_Poland: f...k VV
(3:19 PM) tomthetrader: fork
(3:19 PM) berniectx: I heard TP LOVES VV and uses it daily
(3:19 PM) thomas_Poland: OF COURSE!
(3:19 PM) thomas_Poland: fork
(3:19 PM) tomthetrader: is there a fork in the road ...
(3:19 PM) azags: most were wrong on the explosion up on july
(3:19 PM) thomas_Poland: it means put a fork into Dilalila eye
(3:19 PM) tomthetrader: Yes
(3:20 PM) tomthetrader: I was right just didn't believe it !
(3:20 PM) tomthetrader: which means unless your clients made a lot of money ..I was wrong !
(3:20 PM) tomthetrader: and as the market hits NEW all time rally highs
(3:21 PM) tomthetrader: it seems we can say we are in trouble short
(3:22 PM) azags: McHugh thought there would be a significant positive turn on july 17 with the convergence of numerous cycles but he thought the S&P would be lower for the turn
(3:23 PM) azags: It exploded up I think about 2 days earlier
(3:23 PM) csu30: Today's McHugh mid-day report says he thinks S&P is headed for 1050 prior to any minor pullback
(3:24 PM) ajayvee: pretty quiet last hour so far
(3:25 PM) bitterwind4: any possible reason for a gap down in the morning.....or just up in this mkt??
(3:25 PM) tomthetrader: tomorrow may be the most imp day so far
(3:25 PM) bitterwind4: we do not fill any gaps
(3:26 PM) tomthetrader: the lead up to CSCO if the bears can't muster a selloff we could be at 1050 pretty quick
(3:26 PM) bitterwind4: but then maybe gaps do not fill anymore in new millinium
(3:26 PM) tomthetrader: WED CSCO Friday employment
(3:27 PM) tomthetrader: markets ...if they can hold 1000 will have 0 problem going to 1025
(3:27 PM) tomthetrader: Here we go
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(3:30 PM) csu30: I held onto NUE from last week and sure glad I did
(3:31 PM) csu30: NUE was Great pick, Tom!
(3:31 PM) tomthetrader: NUE a tremendous company and trade
(3:31 PM) tomthetrader: and IRA
(3:32 PM) tomthetrader: have many members long in NUE
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(3:33 PM) csu30: As you mentioned earlier, buy & hold since March would have worked well
(3:34 PM) tomthetrader: Not a horroble day
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(3:34 PM) tomthetrader: horrible
(3:34 PM) hibuck2: shoot a bull ! sell the close !
(3:35 PM) eman11: XLF - lagging the market has not broken out above it's morning low
redliontrader: 170 new highs prediction 175 (-1)
(3:35 PM) tomthetrader: Thanks RED
(3:36 PM) tomthetrader: Thanks E
(3:36 PM) tomthetrader: Interesting banks are losing momo ?
(3:36 PM) eman11: Are we holding BGZ and SRS overnight?
(3:37 PM) rjllanas: we holding r bgz position
(3:37 PM) rjllanas: thanks
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(3:38 PM) longerorshorter: good luck with the test tom send prisha the best
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(3:38 PM) dhmohan1963: it should not be a big deal
(3:39 PM) ajayvee: u could sing to her
(3:39 PM) DE_TTT: Just don't sing to her, Tom.
(3:39 PM) dhmohan1963: no it will more stressful
(3:39 PM) dhmohan1963: yes
(3:40 PM) berniectx: your singing could cause stress...good luck with test!!
(3:41 PM) berniectx: just kidding Tom really think you should go on American Idol
(3:41 PM) eman11: Good Luck to you and Prisha
(3:41 PM) tomthetrader: I will ..senior edition 1
(3:41 PM) tomthetrader: Thank you all for your kindness and support
(3:42 PM) tomthetrader: in this tough trading market our family and health is so important ...we need to treat each other like homans /
(3:42 PM) tomthetrader: Or humans ?
(3:42 PM) tomthetrader: I don't know Homans ?
(3:42 PM) thomas_Poland: I am Homan
(3:42 PM) thomas_Poland:
(3:42 PM) azags: It is more profitable to be Simon on American Idol. Good luck Tom but the test itself is no big deal
(3:42 PM) thomas_Poland: this is like mix of Alf with Human
(3:42 PM) thomas_Poland:
(3:43 PM) tomthetrader: Thank you Zags...I will report back...don't know when the results are given ..but will just miss 9-1pm WED
(3:43 PM) hibuck2: $PCRCO .73
(3:44 PM) hibuck2: $TRIN .48 $TRIQE .51
(3:44 PM) hibuck2: $TNX 36.39 3.63
(3:44 PM) hibuck2: $RUT 563.89
(3:44 PM) tomthetrader: TF futures approaching a double
(3:44 PM) hibuck2: $SPX 1000.94
(3:45 PM) azags: Thomas with you being part owner of VV, how come we don't get discounted subscriptions?
(3:46 PM) tomthetrader: Have they done OK since March /
(3:46 PM) dhmohan1963: dont they have a long term signal
(3:46 PM) hibuck2: NYSE A/D +2042
(3:47 PM) azags: They were wrong in the beginning of jan with a long but picked up the short in late jan until they went long in march
(3:47 PM) hibuck2: GS call on S & P 1060.00 was that this month or by thend of the year?
(3:48 PM) tomthetrader: EOY
(3:48 PM) azags: They then shorted on July 10 until this latest long on july 21 I think
(3:48 PM) tomthetrader: Thank you !
(3:48 PM) longerorshorter: anyone knw whats the mjove in ggc ABOUT
(3:49 PM) longerorshorter: GGC sorry
(3:49 PM) hibuck2: thxs tom
(3:49 PM) tomthetrader: YW
(3:49 PM) azags: dug came back to 16
(3:50 PM) tomthetrader: GGC
(3:50 PM) tomthetrader: a buyout ?
(3:50 PM) ajayvee: DTO back to 74
(3:50 PM) longerorshorter: dont know thanks tom
(3:50 PM) Harrod_t: VV Market Calls, this year: 1/8 market up, 1/20 Market down, 3/26 Market UP, 7/10 Market Down, 7/21 Market UP-----
(3:51 PM) tomthetrader: Thank you
(3:51 PM) tomthetrader: very good info
(3:52 PM) longerorshorter: did u ever do aucitons tom
(3:52 PM) tomthetrader: Radio
(3:52 PM) longerorshorter: auctions
(3:52 PM) longerorshorter: oh great
(3:53 PM) tomthetrader: I was the noon radio guy
(3:53 PM) azags: The Euro may kill me. I am going to Italy end of next week
(3:53 PM) tomthetrader: did some radio and TV back inthe good old days
(3:54 PM) longerorshorter: intersting that FAS up4 and GS almost at lod
(3:55 PM) tomthetrader: 71.23 oil was a good short
(3:55 PM) tomthetrader: still maybe
(3:55 PM) longerorshorter: does anyone remember the post split price on FAS and FAZ
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(3:57 PM) tomthetrader: 2.15 to 61.63 is where we are holding it in Finviz !
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(3:58 PM) longerorshorter: VIX is at lod
(3:58 PM) longerorshorter: 25.86
(4:00 PM) longerorshorter: ringggggggggggg
redliontrader: 176 New highs
(4:00 PM) berniectx: be careful all see ya tomorrow the BULL LIVES for now
redliontrader: put the 5 day moving average at 115
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(4:01 PM) longerorshorter: thanks for ur guidance tom
(4:01 PM) azags: new highs on nyse was 204
(4:02 PM) tomthetrader: amazing
(4:02 PM) tomthetrader: going back to Sept levels
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(4:03 PM) tomthetrader: 50% + off lows for SPX
(4:04 PM) tomthetrader: 666-1002
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redliontrader: which makes tomorrows number to change momentum 77.. remember when 77 seemed impossible to beat? Now it seems a foregone conclusion
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(4:09 PM) ajayvee: XLF finally breaking thru today's highs
(4:09 PM) ajayvee: and BGZ making new lows
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(4:15 PM) ajayvee: ES makes new HOD before closing at 1000.75
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(4:19 PM) eman11: XLF exploded in the last few minutes. couldn't break 13.33 all day then explodes at the very end.
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(4:22 PM) eman11: XLF 13.37 AH
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(4:28 PM) eman11: I think we'll see a gap up tomorrow on all of the breaking 1000 excitement. Looks like my prediction of not making the new highs target tomorrow is not looking good.
(4:29 PM) tomthetrader: tomorrow will be viewed as one of the most important of the summer
(4:30 PM) tomthetrader: as technicians will see a FTD a must here and if commodities continue to rally and dollar drops it is a Bull
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(4:52 PM) tomthetrader: Another service / blog bows out as missed calls makes them runaway ...I think it is encouraging !
(4:52 PM) tomthetrader: Lot of people RETHINKING THE MARKETS
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(5:04 PM) Alert: A kiosk owner who was kicked out of a mall for selling anti-Obama t-shirts and bumper stickers is LIVE NOW on News Talk Online in the Radio/TV Section [Free Video]
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(5:19 PM) eman11: Tom - I see you have been active AH trading - Is there any recent updated indicators AH that caused you to be so active?
(5:20 PM) tomthetrader: Yes..when I scan during a Bull market I can't really get all data in until 5-8pm and then can make plans ...
(5:21 PM) tomthetrader: usually if we are in a bull the buys will come after hours ..in bears pre market...as we are usually scanned and ready
(5:22 PM) tomthetrader: I have tons of indicators on positions but IRA Main I want to get it right and usually takes better fills ...In traders it is tough ...there is no one out there that does what I do giving live trades ....
(5:22 PM) tomthetrader: so we are fortunate
(5:24 PM) tomthetrader: seasonally tomorrow is the worst day of the month
(5:24 PM) tomthetrader: ISEE
ISEE
110 8/3/2009
10-Day Moving Average 122 7/21/2009-8/3/2009
20-Day Moving Average 118 7/7/2009-8/3/2009
50-Day Moving Average 123 5/22/2009-8/3/2009
52-Week High 220 3/9/2009
52-Week Low 66 9/19/2008
(5:25 PM) tomthetrader: more put buying today than in awhile was hoping for a 200 shot
(5:25 PM) tomthetrader: Bull market in force
(5:27 PM) Alert: Is Obama flip flopping on no more taxes for the middle class? That story NOW on News Talk Online in the Radio/TV Section [Free Video]
(5:30 PM) eman11: Thanks
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