---------- Forwarded message ----------
From: <marlin@redliontrader.com>
Date: Sun, Sep 27, 2009 at 9:01 PM
Subject: Adobe Acrobat Connect Pro - Chat Transcript from TTTHedge.com Traders Trading Room
To: marlin@redliontrader.com


 Joanie: (9/25/2009 14:30) that's what I looked into but never traded...thanks
 eman: (14:31) Think or swim is 2000 per contract margin, but you must have $15,000 total
 tomthetrader: (14:31) Steve is usually the umpire on fills ....NSM Steve ? AJ ?
 eman: (14:31) Unfortunately I can't use IB, because I can't download the software to my work computer, after i make enough to retie i will switch :)
 Joanie: (14:32) I've traded the e-mini gold
 tomthetrader: (14:32) you may be able to use infinity or Apex E ?
 Joanie: (14:32) I'll look into, thx
 tomthetrader: (14:32) good guys
 Glenn: (14:32) I use Mirus fuires
 Cathy: (14:32) should I add some uwm here?
 eman: (14:33) No i called both and I would have to download the software, Think or swim was the only one I could find to trade futures on a web based platform. :(
 tomthetrader: (14:33) I think if you want to participate in a short term rally I would enter with a tight stop 1%
 tomthetrader: (14:33) UWM Cathy
 Cathy: (14:33) k thanks
 tomthetrader: (14:34) FDX is one you may also look at with a tight stop
 tomthetrader: (14:34) it may bounce hard up here
 tomthetrader: (14:34) as well as UNP but both need alot of help
 dhmohan 2: (14:34) tna ok too
 Joanie: (14:35) at Tom's recommendation, I use optionsXpress and very happy (for all trades)
 csu30: (14:39) I filled UWM earlier at 26.11
 csu30: (14:40) I also filled TBT at 44.87
 Cathy: (14:41) wmt acting nasty!
 Glenn: (14:42) I did not get filled on nsm will wait for better fill
 tomthetrader: (14:45) OK
 tomthetrader: (14:45) Craig Thank you !
 Joanie: (14:47) Tom, any call into the close?
 tomthetrader: (14:49) MA long
 tomthetrader: (14:49) a rally and finish higher than most think is my outrageous call of the day
 tomthetrader: (14:49) 1 hour and 10 min left
 hibuck: (14:53) Tom on TBT we would buy to go short in the outlook that rates r going higher and bonds will sell off or gower is that how i should look at it?
 hibuck: (14:54) yhxu
 Glenn: (14:55) GS poping
 tomthetrader: (14:55) DTV look ....takover rumors bought some
 tomthetrader: (14:57) 10% FDX 74.74
 Glenn: (14:57) dtv moved nice'
 tomthetrader: (14:57) Main
 tomthetrader: (14:57) YES DTV a BUY
 tomthetrader: (14:57) UWM 10% Long
 tomthetrader: (14:57) NSM 10%
 Glenn: (14:58) Hurn looks good also
 tomthetrader: (14:58) HURN consulting is wild
 Glenn: (14:58) Tom great call on ES
 tomthetrader: (14:59) Thank you...was a turning point in the day ..we were able to pick it up on our short term FIST indicators
 tomthetrader: (14:59) which hit 90% on short term day trades
 tomthetrader: (14:59) another one worked
 tomthetrader: (15:00) abour 256,000 out of 260K !
 Glenn: (15:00) Tom what indicators you looking at when trading ES
 tomthetrader: (15:00) so our market calls are based on very time tested measures
 tomthetrader: (15:02) I have 2 sets of proprietary indies that 1) locate intrahour trades and 2) indicate intraday trades
 tomthetrader: (15:03) DTV 26.75-95 try a few contracts or a few 100 sh just in case
 tomthetrader: (15:05) Sell 2nd set of IR at 30.95
 tomthetrader: (15:05) just 10% long IR now
 bitterwind: (15:07) Tom du have a target NSM....or just a trade  short term
 Glenn: (15:07) Tom thougts on STT?
 bitterwind: (15:08) still underperformed??  will it catch up
 bitterwind: (15:08) did get an upgrade to 23??
 Glenn: (15:09) DTV Ticking higher after WSJ story speculates VZ should make a bid
 bitterwind: (15:10) Citicorp this AM
 Glenn: (15:11) Thanks, Everyone have ggod weekend, outta here
 tomthetrader: (15:16) Thank you ...enjoy
 Desertone: (15:16) Same here! Thanks Tom placed a bid for DTV @ 26.90 no fill yet :)...... See you all Monday, have a nice WE all. OK in DTV .......... LOL ofc it is selling now but I shall hold.
 tomthetrader: (15:16) CIT took off and MCO went lower both our calls
 tomthetrader: (15:17) DTV will be exciting...I have traded it on takeovers before
 tomthetrader: (15:17) See you guys ..I am here til 6:00pm
 tomthetrader: (15:17) I will be doing stock scans until I pick my wife up for pasta
 Desertone: (15:18) Enjoy Tom thanks!!
 tomthetrader: (15:18) Thank you and have a great weekend ...RELAX !
 tomthetrader: (15:19) VWAP 1043 ish ?
 tomthetrader: (15:20) battleground ...get out your knives for the close ?
 tomthetrader: (15:21) Bears want the dreADED red friday candle down
 tomthetrader: (15:21) Bulls want the Chritmas tree green for a big green ending
 dhmohan 2: (15:25) tom still holdin  es for bull
 tomthetrader: (15:26) Out of futures into UWM SPY FDX NSM QCOM
 tomthetrader: (15:26) UNP
 tomthetrader: (15:28) 14.50 NSM
 tomthetrader: (15:28) UNP 59.25
 tomthetrader: (15:28) FDX 74.74
 tomthetrader: (15:29) 73.74
 dhmohan 2: (15:29) my order of nsm was not filled i think u got all at450
 dhmohan 2: (15:30) 1450
 dhmohan 2: (15:30) only 10000 traded
 tomthetrader: (15:30) seems no one else got NSM or E got a partial
 Cathy: (15:30) I HAVE NSM
 bitterwind: (15:30) I did get NSM
 tomthetrader: (15:31) UWM 26.10
 tomthetrader: (15:31) QCOM 44.6667
 dhmohan 2: (15:33) got qcom yesterday
 tomthetrader: (15:33) CAVM puts to look at Nov in the money
 tomthetrader: (15:33) I have 2 entries on Qcom as well DH
 tomthetrader: (15:33) 44.44
 Joanie: (15:34) Tom, will you be here Sun night trading fut?
 tomthetrader: (15:34) Look at IR from 1:30-2:15pm ...it is a great tell on the market
 dhmohan 2: (15:34) shorting cavm i never heard about this  stock
 bitterwind: (15:34) SPX NDX above 50% retrace....RUT below....on the day
 tomthetrader: (15:34) Yes
 tomthetrader: (15:35) Futures begin early I hope I can open up the room if not always go to paltalk if  not here
 Joanie: (15:36) tx
 berniectx: (15:36) I'm worn out had a very good day and week thanks everyone have a good weekend be careful
 hibuck: (15:36) scambeled
 berniectx: (15:36) traded my behind off today and did pretty good
 Joanie: (15:37) congrats, Bernie
 berniectx: (15:37) could not do it without all the great people here and Tom of course
 tomthetrader: (15:39) Thank you all for your patience and professionalism
 tomthetrader: (15:39) very emotional and tough business we are attempting to beat with the odds highly against us and we beat them
 tomthetrader: (15:40) Today was  a win for TTT loss for the street inho
 Cathy: (15:41) FEELS DANGEROUS TO HOLD LONG RIGHT NOW?
 Raquel Welch: (15:42) Tom, I love you!
 sttteve: (15:42) who is this that is coming in with these names LOL
 tomthetrader: (15:56) I have no idea ...can't believe there is no security
 AJ: (15:57) red hasn't set security up yet
 tomthetrader: (15:57) once Red gets back we will have the ability to password all entries so the jokes end
 tomthetrader: (15:57) obviously they can get in from paltalk
 sttteve: (15:58) yep they read the url when room was open and url given to people to get in here
 tomthetrader: (15:58) 1044 support level here 1035 major support
 Cathy: (16:01) THANKS EVERYONE, TOM, HAVE A GREAT WEEKEND!
 Joanie: (16:01) You, too
 tomthetrader: (16:01) Great job Cathy
 tomthetrader: (16:02) Joanie Thanks
 tomthetrader: (16:02) Let me know if you gals need anything
 tomthetrader: (16:02) I am here 24/7
 Joanie: (16:02) Thank you...you;re the best
 tomthetrader: (16:02) MEE I got a BUY signal on the Close if you want to open a position ?
 tomthetrader: (16:02) Massey
 tomthetrader: (16:03) energy gave me a buy
 tomthetrader: (16:03) Look it over MEE
 tomthetrader: (16:03) 28.00 just took off 28.13 now
 tomthetrader: (16:04) ask 28.03
 Joanie: (16:04) what's next for SPX?
 tomthetrader: (16:04) IWM hanging in AH ...usual big selloff if bad news bears
 tomthetrader: (16:05) still a bit lower ..my guess 1 more scare
 tomthetrader: (16:05) short term
 tomthetrader: (16:05) have to have some longs at 3% drop but could get 10% easy
 tomthetrader: (16:06) earnings start Oct 7th with AA
 Joanie: (16:06) I agree with you
 Raquel Welch: (16:11) If you have physical attractiveness you don`t have to act.
 AJ: (16:15) All U.S. A/D -783 Vol -2:1
 AJ: (16:16) New Highs = 179, +19 from y'day, +12%
 AJ: (16:17) not enough to change downward direction of moving avgs
 tomthetrader: (16:29) need a gap down monday
 aszags: (16:35) Hi Tom I have been working all day and away from my computer
 tomthetrader: (16:40) Hi
 tomthetrader: (16:40) we had a decent day Zags
 tomthetrader: (16:40) still think we may get another tst of 1035 ...would be good
 tomthetrader: (16:42) looks like C and CIT may be a buy soon ...never thought I would say it !
 tomthetrader: (16:48) Hey ...we can do it Monday or Sundaynight ...you need to get home
 tomthetrader: (16:48) we sold IR last piece at 30.95
 tomthetrader: (16:48) in Main
 tomthetrader: (16:48) just the profitable piece
 tomthetrader: (16:49) still long the original piece
 eman: (16:49) I am here until 6 tonight anyway, meeting ran very late, it would be a nice break from what I am working on
 tomthetrader: (16:49) OK...you got IR out ?
 tomthetrader: (16:50) tomthetrader: (15:26) Out of futures into UWM SPY FDX NSM QCOMtomthetrader: (15:26) UNPtomthetrader: (15:28) 14.50 NSM tomthetrader: (15:28) UNP 59.25tomthetrader: (15:28) FDX 74.74tomthetrader: (15:29) 73.74dhmohan 2: (15:29) my order of nsm was not filled i think u got all at450dhmohan 2: (15:30) 1450dhmohan 2: (15:30) only 10000 tradedtomthetrader: (15:30) seems no one else got NSM or E got a partialCathy: (15:30) I HAVE NSMbitterwind: (15:30) I did get NSMtomthetrader: (15:31) UWM 26.10tomthetrader: (15:31) QCOM 44.6667
 eman: (16:50) Entered the IR sell,
 eman: (16:51) Just Main Portfolio Trades.
 tomthetrader: (16:51) You can add UWM 25% Traders at 26.10
 tomthetrader: (16:52) all the rest Main QCOM 44.66 10%
 tomthetrader: (16:53) NSM 10% Main 14.50
 tomthetrader: (16:53) FDX Main 10% 73.74
 tomthetrader: (16:53) UNP 10% Main 59.25
 tomthetrader: (16:56) DTV 10% 26.60 10% Main
 tomthetrader: (16:56) That should be it
 eman: (16:58) Check the portfolio on the website everything should be updated I put 4% stop on UWM and 8% stop on all of the main holdings
 eman: (16:59) Very busy in the final hour.
 tomthetrader: (16:59) Yes ...we thought up 60 and got down 43
 eman: (16:59) How was the market close? I see the market closed down slightly.
 tomthetrader: (17:00) still need a shake down Monday and more fear
 tomthetrader: (17:00) the actual last seconds into AH was good sign ...the last 20 minutes not good
 tomthetrader: (17:00) coin toss ...could have been alot worse and alot better ...I am happy
 eman: (17:01) I see SPX closed under 1050, We might test 1035 next week.
 eman: (17:01) You should be happy. great trading today
 tomthetrader: (17:02) I thought for 3 hours we would not make a trade !
 tomthetrader: (17:02) then we got a couple of good day trades
 eman: (17:04) market down 3 days in a row, how did the A/D lines close?
 tomthetrader: (17:06) AJ says still pointing lower
 tomthetrader: (17:07) I agree we need a turnaround Tuesday after a scareoff Monday
 tomthetrader: (17:07) OK TTT Out
 tomthetrader: (17:08) Thanks so  much for the help I hope you made a buck today !
 tomthetrader: (17:10) can you see my screen ?
 eman: (17:10) I see that you are "sharing" cool, but it is right over the chat and I can't read what you wrote.
 tomthetrader: (17:11) I was supposed to be screen sharing ..oh well
 tomthetrader: (17:11) I am out of here
 eman: (17:12) YW, I made out well today. The sharing creeen is really cool, Have a good a weekend.
 eman: (17:12) meant screen
 TraderH: (17:55) Oh crap I'mstill in GS trade. Up 1,23 now
 TraderH: (17:56) TOM thanks for playing tunes today. It makes Folks relax
 TraderH: (17:58) My wife is not RELAXED she says I listen to too much ROCK/ I blame TOM
 TraderH: (17:58) LOL
 mike r: (21:42) test
 nppd;le: (9/26/2009 20:39) rock n roll baby
 Glenn: (9/27/2009 19:36) futures anyone?
 Joanie: (19:43) y...any ideas?
 Glenn: (19:51) not yet, have noe even loaded my platform
 Glenn: (19:51) not
 Glenn: (19:51) looking at some stocks
 Joanie: (19:52) I haven't done anything yet, either
 Glenn: (20:16) IBM lloks good for more upside
 Joanie: (20:17) I've only been trading futures
 Glenn: (20:22) Joanie>
 Glenn: (20:22) did you look up the crude futures
 Joanie: (20:22) no, I didn't
 Joanie: (20:23) but I will
 eman: (20:25) We are little down with China yet to open. Tomorrow should be a light trading day
 Joanie: (20:28) I'm still trying to figure out how to receive Tom's tweets for fut trades
 eman: (20:29) Just sign up  and follow him on twitter.
 eman: (20:30) He also sends out an e-mail as well
 tomthetrader: (20:30) ES Z9 [10]  E-MINI S&P 500 Dec '09  20:18:32 EDT  1,039.50    -1.50  1,042.25 1,044.75 1,038.00
 Joanie: (20:31) thx, I have...but how do you receive the 'tweets'? Do I have to keep checking the blog site?
 AJ: (20:31) 7 pt range already early on a Sunday evening
 tomthetrader: (20:31) Nice range already for a more volatile week ahead
 Joanie: (20:31) Good evening Tom
 tomthetrader: (20:31) Hey all
 tomthetrader: (20:31) Joanie
 sttteve: (20:31) hey
 Joanie: (20:31) Hope everyone had a great weekend
 tomthetrader: (20:31) Pretty good action
 AJ: (20:31) hey!
 eman: (20:32) In your twitter account - you can set it up to receive tweets as text messages to your cell phone
 tomthetrader: (20:32) we are on support and alot of politics and eco stats
 tomthetrader: (20:32) Yes Twitter is great for mobile devices
 Joanie: (20:34) eman, thx...how do I get notified via my computer?
 tomthetrader: (20:34) Register at http://www.twitter.com and then follow tomandprisha
 tomthetrader: (20:35) real nice to have as I receive millions of pieces of data per week from my colleagues
 tomthetrader: (20:35) that you all get for free
 Joanie: (20:35) I've done that...thx...but I do keep that open to know when you've made a new post?
 Joanie: (20:36) or can I be notified via e-mail?
 Joanie: (20:36) I rarely use my cell phone
 Marlin Cobb: (21:01) Hello everyone, back on the east coast again.. I need to clear the chat for tomorrow.. is there anything here some needs before I clear it?