(8:37 AM) Alert: This is a G rated room intended for a General Audience including minors. Offensive language is not permitted.
(8:37 AM) Alert: Hi , Welcome to TTT
redliontrader: GM every1
(8:39 AM) *** bitterwind4 has joined the room ***
(8:40 AM) *** paltinik25 has joined the room ***
(8:41 AM) thomas_Poland: GM red
(8:45 AM) *** gmari has joined the room ***
(8:46 AM) Fulkdaddy: Kass had a good post at the close yesterday. He asked if the hardest trade, which is usually the best, is to go long here or to short the market? He does not know the answer...
redliontrader: i just posted updated Zweig and New Highs on the website http://pv.ttthedge.com
(8:48 AM) tomthetrader: Thank you Red ..great stuff
(8:52 AM) *** azags has joined the room ***
(8:53 AM) *** hat gao has joined the room ***
(8:53 AM) *** hat gao has left the room ***
(8:54 AM) Fulkdaddy: Kass's favorite long, LNC is making a great move
(8:56 AM) tomthetrader: STEC not too happy while pour earnings play PBG up nice
(8:56 AM) tomthetrader: PEP taking over PBG
(8:56 AM) *** frugalinvestor has joined the room ***
(8:56 AM) *** frugalinvestor has left the room ***
(8:57 AM) tomthetrader: SMN is our PLAY OF THE DAY ..please report any fills if possible with QQQX
(8:57 AM) tomthetrader: Please refer to the e-mail on last nights Buys
(8:57 AM) tomthetrader: Audio at 9:15am per usual
(9:03 AM) tomthetrader: did anyone fill any new positions last night or today ?
(9:03 AM) tomthetrader: SMN ?
(9:03 AM) *** eman11 has joined the room ***
(9:04 AM) tomthetrader: 13.17-13.40 avg this a.m
(9:04 AM) eman11: Hi Just logged on. Did I miss any early morning trades?
(9:04 AM) tomthetrader: Now on HOD
(9:05 AM) *** jbljudy has joined the room ***
(9:06 AM) tomthetrader: If you did not FILL SMN ...don't now ..upabout 3% was flat to Down AH yesterday and fills today as low as 13.17
(9:06 AM) tomthetrader: NQ I got near the top last night
(9:06 AM) tomthetrader: QQQX and TIP I filled at yesterdays closing prices
(9:06 AM) tomthetrader: anything else is up to the open
(9:07 AM) azags: I didn't buy it but smn is up to 13.52/55. I did buy AH bgz at 26.14
(9:07 AM) tomthetrader: New home sales out at 10:00am and this market has risen quickly on good news
(9:07 AM) *** pointfisher has joined the room ***
(9:08 AM) tomthetrader: Yes but SMN traded heavy this morning 13.17 -13.34
(9:08 AM) tomthetrader: near open
(9:12 AM) *** mdcully has joined the room ***
(9:13 AM) *** Harrod_t has left the room ***
(9:13 AM) *** Harrod_t has joined the room ***
(9:14 AM) tomthetrader: we now have SMN at 13.17
(9:15 AM) tomthetrader: bid 13.32
(9:16 AM) tomthetrader: avg price this a.m. for SMN about 13.28
(9:16 AM) *** tomthetrader has left the room ***
(9:18 AM) *** tomthetrader has joined the room ***
(9:18 AM) azags: gm
(9:19 AM) ajayvee: g'mornin
(9:19 AM) hibuck2: gm
(9:19 AM) eman11: gm
(9:19 AM) PremR: gm
(9:19 AM) mdcully: y
(9:19 AM) Fulkdaddy: gm
(9:19 AM) longerorshorter: gm
(9:23 AM) *** Bert_TTT has joined the room ***
(9:25 AM) *** jaxbrown22 has joined the room ***
(9:26 AM) *** energy2x has joined the room ***
(9:30 AM) azags: What are you anticipating on crude? I bought dug yesterday
(9:30 AM) *** rjllanas has joined the room ***
(9:31 AM) *** infos2 has left the room ***
(9:31 AM) *** infos2 has joined the room ***
(9:31 AM) azags: You got out so fast on dug yesterday
(9:31 AM) *** chuck the jeweler has joined the room ***
(9:31 AM) tomthetrader: did we...maybe needed lunch money ?
(9:32 AM) tomthetrader: McDonalds was having free coffee with their $1 burgers so I took the gains !
(9:33 AM) *** paltinik25 has left the room ***
(9:36 AM) *** frugalinvestor has joined the room ***
(9:36 AM) *** frugalinvestor has left the room ***
redliontrader: 38 new highs out the shoot.. 77 is the number to hit to keep momentum indicator rising..
(9:37 AM) tomthetrader: Thanks REDE ...will the momentum up be lost on the drop in new highs ?
(9:39 AM) tomthetrader: Does eveyone know my positions on SMN QQQX TIP NQ
(9:40 AM) rjllanas: no
(9:40 AM) tomthetrader: Just want to make sure you get a crack at them
(9:40 AM) tomthetrader: Did anyone get the e-mails ?
(9:40 AM) rjllanas: o yeah
(9:40 AM) *** paltinik25 has joined the room ***
(9:40 AM) tomthetrader: RJ did you get any e-mails....?
(9:41 AM) tomthetrader: anyone get any fills ?
(9:41 AM) tomthetrader: anyone going to take on the Bull
(9:41 AM) tomthetrader: It is a ha4rd trade like dave had mentioned regarding Dougie
(9:41 AM) tomthetrader: but one that makes the most sense in this environment
(9:43 AM) eman11: I did not get any of the picks this morning, but still holding the shorts from yesterday.
(9:44 AM) *** willwin has left the room ***
(9:44 AM) *** willwin has joined the room ***
(9:44 AM) *** Harrod_t has left the room ***
(9:44 AM) tomthetrader: the new home sales out at 10:00am should briefly stir the pot
(9:45 AM) tomthetrader: NQ shorts last night in Chat ...anyone ?
(9:45 AM) ajayvee: I saw it, just didn't take it
redliontrader: tom, not sure what you were asking.. but a loss in momentum of new highs tends to lead actual price action lower
(9:46 AM) tomthetrader: we will have to see what is filled before I can make any trades ...I know my portfolio but do not know the model yet so no trades until everyone up to speed ...
(9:46 AM) tomthetrader: the market should give everyone a shot at longs and shorts today
(9:46 AM) tomthetrader: Best of luck
(9:48 AM) *** DE_TTT has joined the room ***
(9:48 AM) tomthetrader: Yes Red the momentum of new highs has been building does the 60% drop in new highs have any short int or long term ramifications ?
(9:49 AM) tomthetrader: in other words could we finally be seeing a full 3% correction or may be this is a pause in new highs that will rebuild over one day selloff...any history ..backtest ?
(9:49 AM) *** les13436 has left the room ***
(9:50 AM) eman11: NYSE AD - 925
(9:51 AM) eman11: QQQX what %
(9:51 AM) eman11: thanks
redliontrader: if we only close 75 or lower today on new highs we will correct... in the next few days.. but so far we are at 50 and the first 30 minutes is about 1/2 of the total for the day according to my models.. so we should close around 100..
(9:52 AM) *** Harrod_t has joined the room ***
(9:52 AM) tomthetrader: that is above your expectations ...?
(9:52 AM) tomthetrader: so bears would hope for lower ..bulls would like to see higher
(9:53 AM) eman11: SMN QQQX are not listed on TTT hedge site
redliontrader: yes... and we are looking for loss of momentum during the day to get ahead of the game..
(9:53 AM) tomthetrader: Thank you
(9:54 AM) *** DE_TTT has left the room ***
(9:55 AM) tomthetrader: XHB short
(9:55 AM) willwin: ss it b4 the report?
(9:55 AM) willwin: down gap from the close
(10:02 AM) Fulkdaddy: Pending home sales up 3.6%
(10:02 AM) Fulkdaddy: good data
(10:03 AM) hibuck2: $PCRCO .79
(10:03 AM) hibuck2: $TNX 36.35 3.63
(10:03 AM) hibuck2: $TRIN 1.62 $TRIQE .94
(10:04 AM) hibuck2: NYSE A/D -513
(10:04 AM) hibuck2: $RUT 564.84
(10:05 AM) hibuck2: $SPX 1000.09
(10:06 AM) *** arujunaa has joined the room ***
redliontrader: So we are at 10:00am now with 63 new highs. The bears need to see under 76 at the close to indicate a sentiment change. My models say that if the first 30 minutes is 63 then based on past data we should close at 136 today. In another 30 minutes I will look at what the models are telling us. If it moves down to 100 say.. then we know we are loosing momemtum in new highs and we might be able to front run the indicator.. so when I publish nh: 63, predi: 136 (-3) that means that the model has dropped 3 new highs from the prediction and momentum is moving down. Now error is pretty large so I would only get interested if we started seeing -10 type numberis in a row.. but we are just learning together..
(10:07 AM) Alert: Message was not sent. The message was too long or contained non printable characters.
redliontrader: So we are at 10:00am now with 63 new highs. The bears need to see under 76 at the close to indicate a sentiment change. My models say that if the first 30 minutes is 63 then based on past data we should close at 136 today. In another 30 minutes I will look at what the models are telling us. If it moves down to 100 say.. then we know we are loosing momemtum in new highs and we might be able to front run the indicator..
(10:08 AM) Alert: Message was not sent. The message was too long or contained non printable characters.
redliontrader: at 10:00am now with 63 new highs. The bears need to see under 76 at the close to indicate a sentiment change. My models say that if the first 30 minutes is 63 then based on past data we should close at 136 today.
(10:09 AM) ajayvee: wow!
redliontrader: In another 30 minutes I will look at what the models are telling us. If it moves down to 100 say.. then we know we are loosing momemtum in new highs and we might be able to front run the indicator..
redliontrader: so when I publish nh: 63, predi: 136 (-3) that means that the model has dropped 3 new highs from the prediction and momentum is moving down
redliontrader: Now error is pretty large so I would only get interested if we started seeing -10 type numberis in a row.. but we are just learning together..
(10:10 AM) ajayvee: great info red...love to learn!
redliontrader: 10:00 NH 63 Pred: 136 (+0)
(10:11 AM) Fulkdaddy: RUT leading today...indicating we go higher
(10:18 AM) tomthetrader: last fumes of high beta on the pending homes sales data
(10:18 AM) Fulkdaddy: Rollover time?
(10:18 AM) Fulkdaddy: Looks like the bump is failing
(10:21 AM) bitterwind4: RUT is new high, SPX lower high atthis point on the 3min 2day cht. Qid bouncing off lows
(10:22 AM) *** ASTAK0S has joined the room ***
(10:22 AM) *** ASTAK0S has left the room ***
(10:22 AM) *** paltinik25 has left the room ***
(10:22 AM) *** paltinik25 has joined the room ***
redliontrader: Dow A/D line getting weaker, rut is the strength
(10:23 AM) tomthetrader: High beta leftovers still praying momentum ...think it will wear offf soon
(10:24 AM) tomthetrader: we will put stops on all positions at 11:00am
(10:24 AM) tomthetrader: if you have the NQ stop at Break even 10 at 1428
(10:24 AM) bitterwind4: what is vol on the QQQX trade for the day. My feed seems dead on it...?
(10:25 AM) tomthetrader: 23k
(10:25 AM) bitterwind4: tks T
(10:25 AM) tomthetrader: Welcome B
redliontrader: 10:30 NH: 76 pred 136 (+0)
(10:33 AM) tomthetrader: Thanks Red Fascinating work we will all be a part of
redliontrader: tom,, good read by Helene you just sent out descrbing the problem with the NYSE new high list.
(10:38 AM) *** longerorshorter has left the room ***
(10:42 AM) *** DE_TTT has joined the room ***
(10:44 AM) *** motorcitymark has joined the room ***
(10:45 AM) *** motorcitymark has left the room ***
(10:47 AM) thomas_Poland: every data vendor suck .. some less
(10:49 AM) ajayvee: XLF making new HOD
(10:50 AM) tomthetrader: XJZTO
(10:50 AM) tomthetrader: 1.65 target to fill 20 more
(10:51 AM) tomthetrader: right now bid is 1.67
(10:57 AM) tomthetrader: anyone fill more xjzto 1.65
(10:57 AM) tomthetrader: anyone enter nq shorts
(10:57 AM) eman11: yes filled at 1.65
(10:57 AM) tomthetrader: anyone enter
(10:58 AM) tomthetrader: tip
(10:58 AM) tomthetrader: anyone enter smn
(10:58 AM) Fulkdaddy: I am worried to short when the RUT and BKX are leading
(10:58 AM) sttteve: filled xto at 1.65 here too
(10:58 AM) eman11: yes entered smn at 13.21
(10:58 AM) sttteve: filled SMN at 13.22
(10:58 AM) tomthetrader: thanks
(10:58 AM) tomthetrader: very good
(10:58 AM) sttteve: yw
redliontrader: NH: 86 pred: 133 (-3)
(11:02 AM) eman11: NYSE -95
(11:12 AM) *** les13436 has joined the room ***
(11:13 AM) tomthetrader: we will take another position in srs 1700 shares more atm in traders
(11:13 AM) tomthetrader: SRS doubling position
(11:13 AM) tomthetrader: in traders
(11:13 AM) tomthetrader: avg cost will lower to..........
(11:14 AM) tomthetrader: 14.21 here
(11:15 AM) tomthetrader: and we added yesterday at 14.99
(11:15 AM) tomthetrader: about 16.60 ish=+-
(11:15 AM) tomthetrader: 14.65
(11:18 AM) *** sttteve has left the room ***
(11:18 AM) *** sttteve has joined the room ***
(11:23 AM) tomthetrader: Again we are short 10 contracts of NQ from 1628 we will cover there or reenter
(11:23 AM) Fulkdaddy: Is this the top, Tom?
(11:24 AM) tomthetrader: I hope so still alot of momentum left ..but is doing very natural topping process
(11:24 AM) tomthetrader: can still give it a % or 2
(11:24 AM) tomthetrader: which would be painful
(11:24 AM) tomthetrader: but it is acting like a intermediate term top
(11:25 AM) tomthetrader: and a buyable drop to 960 is certainly possible (95%) by OPEX Aug
(11:26 AM) eman11: 8/21
(11:26 AM) tomthetrader: 3rd friday in August is 21st ..very late Expiry
(11:26 AM) tomthetrader: Thank you E
(11:27 AM) ajayvee: banks/financials moving up
(11:27 AM) tomthetrader: yes very strong
(11:28 AM) tomthetrader: BAC C
(11:28 AM) tomthetrader: 1.56 XJZTO
(11:28 AM) tomthetrader: maybe hedge with FAS AJ ?
(11:28 AM) tomthetrader: go 3x long to protect your shorts if it is so strong ?
(11:29 AM) *** RTim3718 has joined the room ***
(11:30 AM) eman11: Did you add more XJZTO?
(11:31 AM) tomthetrader: I have 60 contracts now E
(11:31 AM) sttteve: we did at 1.65 I believe . well I did cannot speak for anyone else
(11:32 AM) tomthetrader: let's sell BA at 44.11 here in Main fund Sold BA at 44.11
(11:32 AM) eman11: On the audio I thoight you said you got filled at 1.54.
(11:32 AM) sttteve: not posted in portfolio though
(11:33 AM) tomthetrader: I don't know whether everyone got the e-mails or not so you all can decide what is in the portfolio
(11:34 AM) tomthetrader: Hopefully they were very clear and concise
(11:35 AM) sttteve: scroll up eric there was a limit order to by 20 more contracts at 1.65
(11:36 AM) eman11: Okay I got it
(11:36 AM) eman11: thanks
(11:36 AM) sttteve: yw
(11:38 AM) tomthetrader: ALL one of our picks with RGA on a Bull run up
(11:38 AM) eman11: I got confused - I thought there another order after the 1.65.
(11:39 AM) tomthetrader: GLD ...which I have been bearish on ...I turned bullish went into futures and have made some money ...STAGFLATION
(11:40 AM) tomthetrader: vwap 997.00......
(11:40 AM) *** derr11 has joined the room ***
redliontrader: NH: 96 pred: 133 (0)
(11:43 AM) *** TraderTim has left the room ***
(11:44 AM) eman11: Tom - you mentioned that today is the day of judgement, if the market closes up is TTT getting out of the shorts.
(11:53 AM) tomthetrader: yes...if we get a 1-2% rally or FTD Follow thru day it will probably be the end of Bear Market thoughts
(11:54 AM) tomthetrader: The market now has the opportunity with all the bearishness to sell off ..if it cannot and we get a classic FTD there seems no use in shorting again
(11:56 AM) tomthetrader: 1015 or 1-2% would be another launching point for the bulls if they can penetrate
(11:57 AM) tomthetrader: Major thing is for us ...many are feeling very nervous on both sides of the aisle ....keeping your head and not panicking in these toppy int term periods pays off...keep alot of cash and throw mud on the wall
(11:58 AM) Fulkdaddy: Kass: It's official. In my entire hedge fund cabal (which I converse with on a daily basis), not a one is willing to expand his short book. the pain has simply been too acute
(11:59 AM) tomthetrader: agreed...no one willing to take on the risk
(11:59 AM) tomthetrader: easier to trade long as the momentum is fierce again the highest in history
redliontrader: NH: 103, Pred 133 (+0)
(12:02 PM) *** csu30 has joined the room ***
(12:02 PM) hibuck2: banning flash trading
(12:02 PM) hibuck2: $PCRCO .77
(12:02 PM) hibuck2: $TNX 36.90 3.69
(12:03 PM) hibuck2: $TRIN .62 $TRIQE .81
(12:03 PM) tomthetrader: I wonder if they really know what flash trading is ?
(12:04 PM) *** Harrod_t has left the room ***
(12:04 PM) hibuck2: NYSE A/D +418
(12:04 PM) hibuck2: $RUT 569.19
(12:04 PM) *** RTim3718 has left the room ***
(12:04 PM) hibuck2: $SPX 1003.46
(12:04 PM) tomthetrader: 100% increase in RUT off bottom
(12:05 PM) *** les13436 has left the room ***
(12:05 PM) tomthetrader: pretty freaking amazing ZUPI up 119%
(12:08 PM) willwin: rimm
(12:09 PM) *** Pete45 has joined the room ***
(12:09 PM) tomthetrader: RIMM back to Highs ...80.00 we owned at 38.53
(12:09 PM) tomthetrader: to 54.50
(12:09 PM) willwin: v g
(12:11 PM) tomthetrader: would like to see RIMM AAPL Correct10% + quick but I guess everyone else does too
(12:12 PM) eman11: XLF hitting new highs
(12:12 PM) willwin: csco report yet?
(12:12 PM) eman11: AH
(12:12 PM) *** viktor_kandalov has joined the room ***
(12:12 PM) *** viktor_kandalov has left the room ***
(12:13 PM) tomthetrader: HOD
(12:13 PM) tomthetrader: WED AH
(12:13 PM) bitterwind4: 5th
(12:14 PM) bitterwind4: what r your stops on SRS or ru out
(12:15 PM) tomthetrader: still in stops at 13.25
(12:15 PM) tomthetrader: SRS stops 13.25
(12:17 PM) *** les13436 has joined the room ***
(12:20 PM) *** DE_TTT has left the room ***
(12:24 PM) eman11: what is stop on SMN?
(12:25 PM) bitterwind4: RUT straight line up today..1 min cht
(12:27 PM) eman11: XLF is exploding up 2.5%
(12:29 PM) thomas_Poland: hey .. you have gold for sale?
(12:29 PM) thomas_Poland: chucky?
(12:31 PM) tomthetrader: 12.75 SMN stops
(12:32 PM) tomthetrader: XLF capitulation
(12:33 PM) tomthetrader: on Da Bears
(12:33 PM) *** longerorshorter has joined the room ***
(12:33 PM) tomthetrader: 13.68 high of the month /
(12:34 PM) chuck the jeweler: I sure do, and any other type of jewelry you could want. BIG DIAMONDS TOO.
(12:35 PM) tomthetrader: HEADLINE FORTHCOMING FROM VIX AND MORE DID BAN OF FLASH TRADING CAUSE 10% Market Fall ?
(12:35 PM) tomthetrader: we need a good Jeweler for the Holidays Chuck ..do you mail order ?
(12:35 PM) tomthetrader: any web site we can order from ?
(12:36 PM) tomthetrader: Thomas always sends me diamonds for our anniversary /
(12:36 PM) eman11: Are there stops for BGZ and XJZTO?
(12:37 PM) tomthetrader: 25.75 BGZ
(12:37 PM) tomthetrader: XJZTO 1.25
redliontrader: 12:30pm NH: 110, pred: 136 (+2)
(12:39 PM) tomthetrader: everything should have astop now
(12:39 PM) tomthetrader: a min 2% back
(12:43 PM) *** vin5a has joined the room ***
(12:44 PM) rjllanas: bgz is way oversold and still tanking
(12:44 PM) *** vin5a has left the room ***
(12:45 PM) rjllanas: xlf is way overbought still rising
(12:48 PM) tomthetrader: do not capitulate ! ...be ready to add more either long or short but don't capitulate..not allowed on TTT !
(12:49 PM) willwin: xhb long or ss? 14.95
(12:49 PM) tomthetrader: XHB I wanted to SS
(12:49 PM) willwin: probably same as the rest of the mkts
(12:49 PM) tomthetrader: Short the TOL
(12:49 PM) willwin: yeah i know but that was down at 14.50 or so
(12:50 PM) tomthetrader: who are you ?
(12:50 PM) willwin: all charts look the same lol
(12:50 PM) willwin: could blow us out long or short
(12:50 PM) willwin: just a newbie nobody
(12:50 PM) tomthetrader: could die of a coronary too why complain /
(12:50 PM) willwin: trying to learn
(12:51 PM) willwin: not cokmplainuing
(12:51 PM) tomthetrader: give atrade 45 min at least
(12:51 PM) chuck the jeweler: I sure do, and BIG DIAMONDS TOO.
(12:51 PM) willwin: ok
(12:51 PM) willwin: was not being derogatory
(12:51 PM) willwin: just making a comment so i can learn
(12:52 PM) rjllanas: add more xlf and bgz
(12:52 PM) rjllanas: added
(12:52 PM) willwin: on xhb i meant if u wanted to ss it at 14.50 is it even a better short in here
redliontrader: i am expecting a change in the next hour..
(12:53 PM) willwin: 14.96 is hod
(12:54 PM) willwin: i like your commenteries
(12:55 PM) longerorshorter: red to the downside?
(12:55 PM) *** dhmohan1963 has joined the room ***
(12:55 PM) hibuck2: NYSE A/D +848
(12:55 PM) willwin: looks like the nq wants to get to 1432 b4 reversing
(12:55 PM) hibuck2: $PCRCO .74
(12:56 PM) hibuck2: $TRIN .57 $TRIQE .66
(12:56 PM) hibuck2: $RUT 571.55
(12:56 PM) hibuck2: $SPX 1006.26
(12:56 PM) thomas_Poland: SEC plans to ban HFT trading ?
(12:56 PM) thomas_Poland: can it be a catalyst for selloff?
(12:57 PM) thomas_Poland: Thursday high?
(12:58 PM) willwin: 1632 i meant on nq
(1:01 PM) willwin: here is 1632
(1:02 PM) willwin: now we see
redliontrader: Willwin superIM me.. You have me blocked
(1:02 PM) willwin: try nowe
(1:03 PM) willwin: added u as apl
(1:06 PM) longerorshorter: excuse me tpoland whats HFt
(1:07 PM) bitterwind4: high frequency trading.....google it
redliontrader: new highs: 1pm 122 Pred 140 (+4) so we are picking up momentum
(1:08 PM) *** les13436 has joined the room ***
redliontrader: Thomas do you have a seiko time?
(1:10 PM) longerorshorter: bitter thanks
(1:11 PM) bitterwind4: sure long..gl
(1:11 PM) dhmohan1963: tom not here or quite
(1:12 PM) bitterwind4: CSCO not participating earnings tomorrow
(1:12 PM) bitterwind4: NVDA rolling...earnings the 6th
(1:13 PM) willwin: mkt stuck
(1:13 PM) thomas_Poland: red 1:35 for short
(1:13 PM) thomas_Poland: sorry .. did not see your question
redliontrader: np.. still time between now and 1:35
(1:14 PM) thomas_Poland: so if we move up till the time or close to it and react this is short for me
(1:14 PM) thomas_Poland: yes
(1:14 PM) thomas_Poland: but around 1:25-1:30 I am watching
(1:15 PM) thomas_Poland: we 'should' close negative today
(1:15 PM) hibuck2: looks like XLF might be rolling over 13.65
(1:15 PM) eman11: Stopped out of SRS
(1:15 PM) bitterwind4: many bear etfs down 30 plus % in little over 2 wks
(1:15 PM) eman11: 13.25
(1:15 PM) willwin: 1:35 ss what?
(1:16 PM) sttteve: stopped out too SRS
(1:16 PM) thomas_Poland: 1:35 is time .. 5 minutes after 1:30
(1:16 PM) thomas_Poland:
(1:19 PM) *** redTest has joined the room ***
(1:20 PM) thomas_Poland: they sometimes move before the time ...
(1:20 PM) thomas_Poland: and that is when i am out of a good trade .. .but have to trade my plan
(1:20 PM) thomas_Poland: I hope we can bounce from yesterday close up to my time
(1:22 PM) *** dhmohan1963 has left the room ***
(1:23 PM) hibuck2: trins are mvg up so slightly
(1:24 PM) bitterwind4: hibuck..how are the A/Ds doing
(1:24 PM) hibuck2: ss BAC?
(1:25 PM) hibuck2: NYSE A/D +807
(1:25 PM) hibuck2: $PCRCO .75
(1:26 PM) tomthetrader: 15.28 SRS - 13.14 in a short period Flash trading ban didn't help SRS ?
(1:28 PM) *** redTest has left the room ***
(1:28 PM) *** redTest has joined the room ***
(1:29 PM) redTest: paltinik25 was bounced from the room by redTest. 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
(1:29 PM) *** paltinik25 has left the room ***
(1:29 PM) hibuck2: NAZ A/D +1679
(1:30 PM) tomthetrader: CAL keeps putting in bullish Acc days ...our favorite is flying
(1:31 PM) tomthetrader: we entered at 10.00 and left too soon ..will probably reenter soon
(1:31 PM) *** mandel_22 has joined the room ***
redliontrader: NH: 129 pred 147 (+7) - momentum still building
redliontrader: my broker has disabled my sell button.. how about the rest of you?
(1:35 PM) pointfisher: i wish mine had
(1:35 PM) *** chuck the jeweler has left the room ***
(1:36 PM) hibuck2: XLF 13.65 -13.66
(1:37 PM) tomthetrader: one ETF to look at after a correction is XAL
(1:37 PM) *** bloomert has joined the room ***
(1:37 PM) *** bloomert has left the room ***
(1:38 PM) hibuck2: XLF needs to break 13.62
(1:39 PM) tomthetrader: http://www.nasdaq.com/aspx/dynamic_charting.aspx?symbol=CSCO&symbol=XAL&selected=CSCO
(1:39 PM) tomthetrader: I really like the charting now at NDAQ
(1:39 PM) hibuck2: $TRIN up .71 $TRIQE up .74
(1:41 PM) hibuck2: VIX IE 25. call 4.50 -4.90
(1:42 PM) hibuck2: VIX IF 30. 2.05 -2.20
(1:42 PM) hibuck2: sept
(1:45 PM) *** chuck the jeweler has joined the room ***
(1:46 PM) hibuck2: VIX IY 27.50 3.00 - 3.30 sept
(1:47 PM) tomthetrader: TIP we should get filled at PAR in IRA gents and Ladies
(1:47 PM) thomas_Poland: nice selloff from 1:40 bar
(1:47 PM) hibuck2: XLF 13.62
(1:47 PM) thomas_Poland: pretty close to 1:35
(1:47 PM) Fulkdaddy: Is this the time to buy SRS?
(1:48 PM) tomthetrader: I would go TNA
(1:48 PM) tomthetrader: SRS I got stopped out on -
(1:49 PM) azags: tna is 3x bull Tom?
(1:50 PM) thomas_Poland: watch 2:10 time as it can bounce
(1:50 PM) hibuck2: TZA
(1:51 PM) tomthetrader: sorry
(1:51 PM) tomthetrader: tza
(1:51 PM) tomthetrader: old age Zags
(1:51 PM) hibuck2: $TRIN .78 $TRIQE .84
(1:53 PM) *** DE_TTT has joined the room ***
(1:54 PM) thomas_Poland: nice 1:35 time??
(1:54 PM) thomas_Poland: who liked it ?
(1:54 PM) thomas_Poland: why I am not short ?
(1:54 PM) thomas_Poland:
(1:54 PM) *** jaxbrown22 has left the room ***
(1:54 PM) *** jaxbrown22 has joined the room ***
(1:55 PM) hibuck2: is it possible ? the sell off ?
(1:56 PM) azags: I had covered call positions in qld and ddm with the runup and today I sold a portion of my qld at 45.9 and ddm at 34.65 to make part of those positions naked which is bearish. I also still have dug and bgz. These bearish positions are to hedge my mutual funds which have done far better in the past three weeks than my brilliant trading
(1:57 PM) thomas_Poland: f...k f.....k f...k
(1:58 PM) hibuck2: what happen thomas
(1:58 PM) azags: Thomas you were instructed to go short today or at the close of yesterday and keep the shorts for 32 minutes
(1:58 PM) thomas_Poland: I gave 1:35 as time for short and did not short it
(1:58 PM) thomas_Poland: hmm
(1:58 PM) thomas_Poland: really ?
(1:58 PM) hibuck2: o by the way thaks for the paul tudor jones it was great to watch the video
(1:59 PM) bitterwind4: have never seen a 1 min chart likt the RUT now...this selloff
(1:59 PM) hibuck2: the whole video
(1:59 PM) thomas_Poland: yes nice .. did you download it ?
(1:59 PM) bitterwind4: round, slow selling cht
(1:59 PM) tomthetrader: maybe the call of the tear ...XLF top at 13.68 ?
(1:59 PM) tomthetrader: Year ?
(1:59 PM) azags: shorts of late have to be measured in minutes to make a profit
(1:59 PM) thomas_Poland: watch a possible bounce at 2:10 and short time agian at 2:25
(2:00 PM) hibuck2: yup took me a wile to figure it all out but after going and reading blogs i downloaded a new video recorder
(2:00 PM) rjllanas: sweet
(2:02 PM) tomthetrader: (12:29 PM) thomas_Poland: chucky?
tomthetrader: 12.75 SMN stops
tomthetrader: XLF capitulation
tomthetrader: on Da Bears
tomthetrader: 13.68 high of the month /
(2:03 PM) rjllanas: i am a beliver he he
(2:03 PM) thomas_Poland: ok .. bounce is comming
redliontrader: 1pm new highs: 136 Pred: 149 (+2) - so this is interesting.. still seeing + MOMO on the New Highs...
(2:03 PM) tomthetrader: Hope it holds til Labor Day ?
(2:04 PM) hibuck2: NYSE A/D +189
redliontrader: can we close below 1000????????
(2:05 PM) hibuck2: NAZ A/D +601
(2:05 PM) hibuck2: $TRIN .83 $TRIQE .82
(2:06 PM) rjllanas: hey someone mention a u tube video about 2 weeks ago about a traders documentary been trying to find it ? what the name agian
(2:06 PM) thomas_Poland: Seiko is broken ??
(2:06 PM) thomas_Poland: it is to early or to late by 5 mins today?
(2:07 PM) thomas_Poland: 2:25 for short
(2:07 PM) thomas_Poland: if you wish
(2:07 PM) thomas_Poland:
(2:16 PM) bitterwind4: would like to see the SPX close below 1000
(2:16 PM) thomas_Poland: 2:10 bounce
(2:18 PM) *** thomas_Poland has left the room ***
(2:18 PM) *** thomas_Poland has joined the room ***
(2:20 PM) thomas_Poland: ok 2:25
(2:20 PM) tomthetrader: we will buy QCOM 10% In Main 46.00 limit 46.05 filled Traders 10% stop 8% back so 10% in traders 10% In IRA
(2:20 PM) thomas_Poland: will we selloff again ?
(2:20 PM) thomas_Poland: if ont 2:45
(2:20 PM) thomas_Poland:
(2:20 PM) *** energy2x has left the room ***
(2:21 PM) tomthetrader: QCOM added to Main Not Traders sorry
redliontrader: 10% main fund add QCOM @ 46.05
redliontrader: Limit order for 10% IRA QCOM @ 46.00
(2:25 PM) tomthetrader: 22.25 we will add CSCO to Main fund and to IRA 10%
(2:26 PM) Alert: ====SECURITY BULLETIN!=======
Clicking on a link to any site that offers
-To give you a blue nickname for free,
-To give you the ability to be invisible or,
-To help you manipulate the Paltalk software,
violates Paltalk's Terms of Service AND/OR is a hacking site whose intention is to steal your nickname, password and/or credit card information.
Remember, if you want Paltalk software or you want to LOG-IN to Paltalk, be safe and go to www.paltalk.com
(2:27 PM) *** dhmohan1963 has joined the room ***
(2:29 PM) *** convexity has joined the room ***
(2:30 PM) bitterwind4: do you plan on holding CSCO thru earnings.....assuming yes
(2:31 PM) bitterwind4: cannot keep RUT down
(2:31 PM) tomthetrader: Yes
redliontrader: new highs 138, pred 148 (-1)
(2:34 PM) hibuck2: TZA @ 15.25
redliontrader: I think that may be a good entry hibuck..
(2:36 PM) hibuck2: thku red
(2:36 PM) hibuck2: we will see if we can take it to the bank
(2:36 PM) tomthetrader: HPQ we will add 10% to IRA at limit of 43.00
(2:36 PM) rjllanas: what does a blue nickname represent
(2:37 PM) tomthetrader: again HPQ we will add 10% at limit 43.00
(2:39 PM) hibuck2: rj i think u get it when u pay for pal talk
redliontrader: blue is premimum paltalk membership i think $40/year.. green I think is unlimted webcam video which is more
(2:40 PM) rjllanas: thanks
(2:44 PM) thomas_Poland: 2:45 bar
(2:44 PM) thomas_Poland: possible short
(2:46 PM) hibuck2: NYSE A/D +536
(2:46 PM) hibuck2: NAZ A/D +1124
(2:47 PM) hibuck2: i just added the naz on my platform seems to jump around alot more
(2:47 PM) hibuck2: $PCRCO .77
(2:47 PM) hibuck2: $TRIN .61 $TRIQE .86
(2:50 PM) thomas_Poland: can you f....g believe that again I am not short ?
(2:50 PM) thomas_Poland: 3:45 top!
(2:50 PM) thomas_Poland: 2:45
(2:51 PM) thomas_Poland: I hope we can go now much higher so I do not have to cry like little baby ...
(2:51 PM) thomas_Poland: Tom always says CONVICTION
(2:52 PM) azags: Thomas you have to follow the recommendations of Thomas otherwise I will lend you my two headed coin
(2:52 PM) thomas_Poland: yep
(2:53 PM) thomas_Poland: two perfecct day trades and I have nothing
(2:53 PM) thomas_Poland: Seiko working and mad at me
(2:53 PM) thomas_Poland: man
(2:55 PM) azags: qcom and csco are in your buy range
(2:59 PM) hibuck2: QQQQ right on 200 mvg avg on a 5 min 39.85
redliontrader: new highs 142, pred 151 (+3)
(3:00 PM) *** DE_TTT has left the room ***
(3:00 PM) hibuck2: shoot all the bulls
(3:01 PM) tomthetrader: QCOM and CSCO very fairly valued Zags in this Mommo market
(3:01 PM) tomthetrader: HPQ CSCO QCOM
(3:01 PM) tomthetrader: CAL NKE
(3:01 PM) tomthetrader: GS FCX ZF
(3:03 PM) *** dhmohan1963 has left the room ***
(3:05 PM) derr11: Tom,
(3:05 PM) hibuck2: y
(3:05 PM) ajayvee: y
redliontrader: y
(3:05 PM) derr11: Out of my AA calls , + $2600 . Thanks
(3:05 PM) bitterwind4: y
(3:06 PM) *** energy2x has joined the room ***
(3:07 PM) azags: I am holding for minutes. I bought back qld at 45.5 that I sold earlier today at 45.9 and it just ran up again. That is a covered call position again
(3:08 PM) ajayvee: yes, jumping out of basement windows!
(3:11 PM) tomthetrader: xal
(3:11 PM) hibuck2: can we break naz 2000 sp 1000 ?
(3:12 PM) *** DE_TTT has joined the room ***
(3:15 PM) bitterwind4: hibuck , I would like to see them close below, but it seems they want them to close above. would like to see a pb
(3:16 PM) azags: Thomas helps us with our fashion wardrobe
(3:16 PM) tomthetrader: Yes PINK PINKER
(3:16 PM) tomthetrader: Pink leotards ARE BACK
(3:16 PM) tomthetrader: WITH BOOTS
redliontrader: Tom how much TIP for the IRA?
(3:18 PM) thomas_Poland: I am here from 2007 I guess .. remember August selloff when Tom screamed buy buy buy
(3:18 PM) thomas_Poland: next day he had more profits than I made in months
(3:18 PM) thomas_Poland:
(3:18 PM) tomthetrader: 10%
(3:18 PM) thomas_Poland: not that I know anything but Tom is the best place .. and I know them all
(3:18 PM) thomas_Poland:
(3:18 PM) tomthetrader: Thank you Thomas
(3:19 PM) thomas_Poland: I don't like you
(3:19 PM) thomas_Poland:
(3:20 PM) eman11: Is that really thomas_Poland giving a compliment
(3:20 PM) thomas_Poland: I was kidding eman
(3:20 PM) eman11: I think Tom or Red better bounce that imposter
(3:21 PM) tomthetrader: we will
(3:21 PM) ajayvee: tp you just need to stop sending out all those join VV ads
(3:22 PM) willwin: may i ask a question about sds?
(3:22 PM) eman11: Thanks Tom, The past couple of weeks I have taken a beating, but this is still the best service around
(3:22 PM) thomas_Poland: ajay .. I promise to love VV again
(3:22 PM) eman11: In the long term I'll be fine with the power of TTT
redliontrader: redTest: Thomas the Imposter was bounced from the room by redTest. 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
(3:22 PM) thomas_Poland: everybody is responsible for their own trades
(3:22 PM) ajayvee:
(3:22 PM) tomthetrader:
(3:23 PM) tomthetrader: twins
(3:23 PM) thomas_Poland: come on!
(3:23 PM) eman11:
(3:23 PM) thomas_Poland: ok .. last one for you all 3:25 - 3:30 can be short
(3:25 PM) tomthetrader: Thomas how many time3s have I been bullish on GOLD ?
(3:25 PM) azags: I have bought and sold bgz three times today. I started off buying it in the AH yesterday at 26.14 and sold it at 26.30 and bought it back at 26.1 and sold it again at 26.25/26.3
(3:25 PM) eman11: Do you plan on holding BGZ, SMN, and XJTZO overnight?
(3:26 PM) willwin: k i am done thank you very much for the terrific day!
(3:26 PM) willwin: c ya
(3:28 PM) *** dhmohan1963 has joined the room ***
(3:28 PM) bitterwind4: watch TL on the 1min SPX.....may brk to the downside. wastching
(3:29 PM) bitterwind4: want RUT to loose the 569 level
redliontrader: NH: 146, pred 152 (+1)
(3:33 PM) tomthetrader: Lock in gains in NQ futures and BGZ break even if possible into the close
(3:33 PM) tomthetrader: we were stopped out od SRS
(3:34 PM) tomthetrader: so we should be holding just puts on XLF and we may sell 33% of those
(3:34 PM) eman11: SMN?
(3:34 PM) hibuck2: what if we break yesterday open or low
(3:34 PM) thomas_Poland: ok .. anybody believed 3:25-3:30 short ?
(3:34 PM) thomas_Poland: I did not
redliontrader: i had a 13.25 stop for srs which wasn't hit.. did I miss something?
(3:34 PM) thomas_Poland: he he
(3:35 PM) thomas_Poland: I hate to trade last hour
(3:35 PM) tomthetrader: hold SMN and move stop to 2%
(3:35 PM) sttteve: it went below that Red
redliontrader: ok.. yes.. sorry.. wrong scale
(3:35 PM) sttteve: np
(3:36 PM) tomthetrader: Thanks for keeping us all in line ...we need it !
(3:36 PM) sttteve: what you are doing is very hard and very apprecciated
(3:36 PM) eman11: SRS was stopped out earlier
(3:37 PM) eman11: 2% Trailing in SMN?
(3:37 PM) tomthetrader: yes
(3:37 PM) dhmohan1963: today was not a follow thru day so u still are bearish
(3:37 PM) tomthetrader: yes
(3:38 PM) tomthetrader: very good DH
(3:38 PM) tomthetrader: we still think a 3-5% correction in short order
(3:38 PM) tomthetrader: we are balancing our risk
(3:38 PM) tomthetrader: If we can get a gap up tomorrow we may ambush fade
(3:39 PM) dhmohan1963: i wa sexpecting hit to 1009 so that i can take shorts but it did not happen
(3:39 PM) tomthetrader: you can enter SRS DH Mohan ?
(3:39 PM) tomthetrader: or BGZ
(3:40 PM) dhmohan1963: i had oredrs that did not fill in
(3:40 PM) tomthetrader: darn
(3:40 PM) dhmohan1963: FAZ< SRS< BGZ
(3:41 PM) longerorshorter: tom u have any thoughts on eqarnings of wtr and PRU
(3:41 PM) longerorshorter: CSCO eanings today too?
(3:41 PM) bitterwind4: entry sure is everything. SMN entered lower sure bounced nicely. to have stopped out was tough to take, but what can you do.
(3:41 PM) tomthetrader: Both I think will beat but PRU has run hard up
(3:41 PM) bitterwind4: csco tomorrow
(3:41 PM) longerorshorter: thanks bit
(3:41 PM) bitterwind4: AH 43
(3:41 PM) tomthetrader: ]yes
redliontrader: I did not get a HPQ fill..
(3:42 PM) tomthetrader: SMN I actually got a much larger profit
(3:42 PM) bitterwind4: 4:30
(3:42 PM) tomthetrader: HPQ we will fill at avg prices RED by tomorrow ?
(3:43 PM) bitterwind4: you sure could see the turning point SMN when it came.
(3:43 PM) tomthetrader: Yes..we will use it more and more good TELL
(3:49 PM) bitterwind4: aapl sure is overbought and due for a rest ...daily....but many in same boat. almost back to OCT highs...up 100% from March
(3:53 PM) *** DE_TTT has left the room ***
(3:55 PM) Fulkdaddy: another up day, absolutely incredible
redliontrader: one of these days?
redliontrader: new highs 150 prediction off by 2
(4:01 PM) bitterwind4: RUT 2 points off hod, but dam close
(4:01 PM) dhmohan1963: are u throwing the towel
(4:01 PM) bitterwind4: very strong all day
(4:01 PM) bitterwind4: SDS near lod
(4:01 PM) azags: qcom
(4:02 PM) bitterwind4: I would like CSCO to bring it down...iam not short tho
(4:02 PM) *** mdcully has left the room ***
(4:03 PM) bitterwind4: CSCO trade from lod to fiish at near hod in last 5 minutes
(4:05 PM) *** rjllanas has left the room ***
