---------- Forwarded message ----------
From: <marlin@redliontrader.com>
Date: Mon, Sep 21, 2009 at 8:13 AM
Subject: Adobe Acrobat Connect Pro - Chat Transcript from test
To: marlin@redliontrader.com


 D1: (9/18/2009 09:13) BPNYSE ? I can figure the last 4 letters and mind stops for the first two?
 D1: (09:14) OK got it tnks
 D1: (09:14) Still asleep
 tomthetrader: (09:15) How do you get audio ? write on the trading notes ?
 tomthetrader: (09:15) I am lost ?
 D1: (09:16) Tab 'meeting' click go to yr settings and then 'audio wizard'
 Marlin Cobb: (09:16) tom, sorry
 Marlin Cobb: (09:17) hit the talk button at the bottom
 D1: (09:19) Wow AAPL up almost a point PM
 Marlin Cobb: (09:20) i am sorry I can not get audio.. I can't get into paltalk
 D1: (09:22) Audio Good
 AJ: (09:25) is there any way to control audio in adobe?
 upthe: (09:31) are the trading notes to the going to be used for additions to the portfolios? I missed toms talk
 upthe: (09:31) to the right of screen
 D1: (09:31) Red when U had the music on b4 there was no static and Audio was good  But Tom's was full of starics
 upthe: (09:32) 25% qid when was that posted???/
 upthe: (09:32) are the trading notes to the going to be used for additions to the portfolios? I missed toms talkupthe: (07:31) to the right of screen-thanks
 kiwi_SanDiego: (09:32) yes
 pointfisher: (09:32) sure is loud
 upthe: (09:33) timestamp those maybe appreciate it
 pointfisher: (09:33) y
 kiwi_SanDiego: (09:33) yes
 kiwi_SanDiego: (09:33) very
 pointfisher: (09:33) there we go
 D1: (09:33) yes perfect
 pointfisher: (09:33) just right now
 kiwi_SanDiego: (09:33) that's good
 tomthetrader: (09:36) let me know what stocks you are looking at ?
 tomthetrader: (09:36) I am scanning stocks today for next week long and short
 tomthetrader: (09:37) KRE I am personally short now
 tomthetrader: (09:37) I think regionals are in some trouble
 tomthetrader: (09:37) RF ZION etc
 tomthetrader: (09:39) 9850 I will officially call a top til November ...was shooting for 10,000 but don't think it will make it
 Marlin Cobb: (09:40) i have shorted GNW @ 13.25
 tomthetrader: (09:40) GNW a great short look for regionals with a lot of resisdential mortgage exposure
 tomthetrader: (09:41) RF ZION are 2 I am scaling into short this week
 Marlin Cobb: (09:50) The Goolge spreadsheet quote servers are down..
 tomthetrader: (09:52) E-Trade could be a good day trade long
 tomthetrader: (09:52) or a long term lottery ticket
 dhmohan1963: (09:53) u mean etfc
 dhmohan1963: (09:53) and why u think it has potential
 tomthetrader: (09:54) Yes
 tomthetrader: (09:55) It has a world wide franchise and if we are entering a long term cyclical bull ...many millions will open new accounts
 upthe: (09:59) normal type of distribution day here for a change-gap fill etc.. so far
 D1: (10:00) Tom CME had a Double Top BO yesterday !  Enter here?
 D1: (10:01) My PnF chart shows a $364 Bullish Price Objective
 Marlin Cobb: (10:04) NYSE: 109 D1:-37% D5:-10% Score: 4-
 D1: (10:19) OK Tom must be busy.  I shall be back later also :)
 Marlin Cobb: (10:21) I am out for an appt for tne next hour
 tomthetrader: (10:29) PROSHARES ULTRASHORT(NYSEArca: DXD)Real-Time: 34.47  0.15 (0.43%) 10:26am EThelp
 tomthetrader: (10:30) 50% in traders DXD  34.47
 tomthetrader: (10:31) we will add QID 25% and SDS 25% as we go higher
 tomthetrader: (10:43) 9853 dow thanksgiving
 tomthetrader: (10:44) ssg
 upthe: (10:46) thanks for typing it there tom-really helps
 upthe: (10:48) for the money you charge there is nothing like it in the industry
 berniectx: (10:48) in the interim should we stay in PT rather than here?
 berniectx: (10:49) thx this format seems more stable to me
 tomthetrader: (10:51) sds
 berniectx: (10:51) Tom with RF are you shorting the stock or using puts?
 tomthetrader: (10:51) qid
 tomthetrader: (10:52) zion
 tomthetrader: (10:52) kre
 tomthetrader: (10:52) hban
 tomthetrader: (10:57) BK OF AMERICA CP(NYSE: BAC)Real-Time: 17.73  0.12 (0.68%) 10:57AM EThelp
 tomthetrader: (10:57) we will short 1000 shares in Main fund of BAC
 tomthetrader: (11:00) stop 18.41
 tomthetrader: (11:08) anyone able to get AIG or UYG stock to short ?
 tomthetrader: (11:08) let me know if you have any trouble
 tomthetrader: (11:22) tomthetrader: and look for some .uufvf  100 contracts limit .35
 tomthetrader: (11:40) tomthetrader: PROSHARES ULTRASHORT(NYSEArca: DXD)Real-Time: 34.49  0.15 (0.43%) 11:37am EThelptomthetrader: go to cash over lunch in DXD tomthetrader: keep all other positions
 Marlin Cobb: (11:41) NYSE: 136 D1:-43% D5:-17% Score: 2-
 Marlin Cobb: (11:41) back from the drs.
 Marlin Cobb: (11:42) jsut fixed my audio in time to hear to say a-ok
 eman: (11:42) Hey Red - Hope all is well, portfolio is updated, but Google quotes is having a problem again.
 Marlin Cobb: (11:44) yes.. i had to get tested for Lyme disease
 Marlin Cobb: (11:44) all is good
 Marlin Cobb: (11:45) are the BAC and UYG trades still open in main?
 tomthetrader: (11:45) Yes
 Marlin Cobb: (11:45) and was UYG really a short of UYG or a long into UYG to short the banks
 tomthetrader: (11:45) short UYG
 Marlin Cobb: (11:45) we are shoiwng -1000 shares in UYG
 tomthetrader: (11:45) Yes correct
 tomthetrader: (11:46) and some 100 contracts of the UYG puts
 eman: (11:46) Did the puts get filled?
 tomthetrader: (11:47) I did early but have not seen filled since this a.m/
 tomthetrader: (11:47) I ahve been looking
 Marlin Cobb: (11:47) oh dear some type of spread stradling calendar butterfly..
 tomthetrader: (11:48) This is a pro room right ..that's what it says ! let's do some Pro trading ..like zags ?
 Marlin Cobb: (11:48) i am with ya boss
 tomthetrader: (11:49) Go Noles
 tomthetrader: (11:49) OOPS
 tomthetrader: (11:49) rough start go Canes ?
 tomthetrader: (11:49) Go Gators ?
 tomthetrader: (11:49) easy schedule
 Marlin Cobb: (11:49) I have put the puts into the spreadsheet, if we need to change the fills let me know, I just need to add them before I lose the trade off the screen
 tomthetrader: (11:49) I won't say go trojans
 tomthetrader: (11:52) echo or ok ?
 joy: (11:57) how do we lower sound in this room is that possible?
 joy: (11:57) or do i have to do through puter
 joy: (11:58) no echo
 joy: (11:59) yes
 Marlin Cobb: (12:01) noon type selling
 Marlin Cobb: (12:01) joy which OS do you hvae?
 D1: (12:01) just mute yr puter speaker
 TCB: (12:07) I miss paltalk!
 tomthetrader: (12:08) Paltalk ....what a year !
 tomthetrader: (12:08) I had so many great days and so much fun
 tomthetrader: (12:08) we will develop this into something special
 bitterwind: (12:09) I never had problems w PT once I paid them.....
 tomthetrader: (12:10) right ..many said that
 Marlin Cobb: (12:10) NYSE: 144 D1:-41% D5:-17% Score: +0- i
 bitterwind: (12:11) like the Mafia.....with all those happy faces
 joy: (12:17) still love paltalk lol
 tomthetrader: (12:20) Yes some crazy fun and dramatic days !
 tomthetrader: (12:24) we will buy HNR and S in the Main fund with 2% stops
 tomthetrader: (12:28) HNR and Sprint limit 4.05 S HNR 5.25
 tomthetrader: (12:28) I have these as Bull blowoff specplays
 Marlin Cobb: (12:37) A rally to 1067 is very possible this afternoon, the sentiment data is still coming in strong, although showing signs of being tired
 Marlin Cobb: (12:37) but a tired bull is still very dangerous to a bear
 Marlin Cobb: (12:38) I don't think there is enogh strength to hold the high however so we should close around here, imho
 tomthetrader: (12:45) raders at 34.40 25% filledtomthetrader: LARGE CAP BEAR 3X(NYSEArca: BGZ)Real-Time: 20.86  0.06 (0.29%) 12:43pm EThelpLARGE CAP BEAR 3X(NYSEArca: BGZ)Real-Time: 20.86  0.06 (0.29%) 12:43pm EThelptomthetrader: take 25% in BGZtomthetrader: Traders we are 50% short again
 Marlin Cobb: (12:50) I took S
 tomthetrader: (12:51) anyone else do DUE DILIGENCE ON S or HNR to buy long ?
 Marlin Cobb: (12:52) NYSE: 152 D1:-40% D5:-17% Score: 2-
 tomthetrader: (12:54) Our portfolio says I am a Billionaire ..see you in costa Rica in jan ?
 Marlin Cobb: (12:58) You can come back now
 upthe: (13:01) up a $100 on my first ever TTT trade BAC short
 Marlin Cobb: (13:02) nice trade mountain
 Marlin Cobb: (13:04) I shorted GNW at 13.25, got out at 12.59 and will climb back in above 13.00
 Marlin Cobb: (13:06) NYSE: 161 D1:-37% D5:-16% Score: +0-
 Marlin Cobb: (13:07) 10dayh-l: +622
 tomthetrader: (13:10) we will adds sds AT AVG PRICES TIL 2:00PM
 tomthetrader: (13:10) 25% IN tRADERS
 tomthetrader: (13:10) TRY TO GET A FILL NEAR dow 9853
 tomthetrader: (13:12) 39.54 FILLED sds
 tomthetrader: (13:28) vz LOOKING VERY APPEALING FOR A LONG TERM buy
 tomthetrader: (13:28) VZ
 Glenn: (13:29) Going Higher
 tomthetrader: (13:29) VZ has just taken off off the lows
 berniectx: (13:30) I really want to short this market but seems like eager buyers on all dips
 tomthetrader: (13:32) 9774 short 2 contracts YM in traders
 Glenn: (13:37) Tom you filled in 9774 YM
 tomthetrader: (13:38) How about you all
 aszags: (13:38) I was away but over lunch I bought qld at 51.4   before 12 noon and sold it  51.67. I am now trying to buy edz a little lower. I still have sept qld 50 calls which are at a loss
 aszags: (13:39) My sept qld calls are naked again when I sold qld
 Glenn: (13:39) no fill tom
 tomthetrader: (13:40) 9774 DEC YM futures
 Glenn: (13:40) did not have my ninja platform up
 Glenn: (13:40) whats it at now Tom
 tomthetrader: (13:40) 72
 Glenn: (13:41) december ok
 tomthetrader: (13:42) YES DEC YM FUTURES we also have DEC TF Futures short 614
 Glenn: (13:42) what ya looking to pull out and whats your stops
 Glenn: (13:43) having issues with ninja
 Glenn: (13:46) Hey guys look at JOSB looks like it could go to 50
 sttteve: (13:47) YM filled at 74 Glenn now
 tomthetrader: (13:50) the hi for Dow 9853 cash
 tomthetrader: (13:50) just 8 points away
 tomthetrader: (13:50) we will see if they can make a higher high here
 Glenn: (13:50) CME ripping
 Glenn: (13:54) ya did not take 74 cause my ninja platform issues
 Glenn: (13:54) Let me know how ya do steve and tom in YM
 Glenn: (13:54) Ice is in fire
 Glenn: (13:56) xle volume coming in
 tomthetrader: (13:56) HNR not too shabby
 sttteve: (13:56) ok Glenn
 tomthetrader: (13:57) off the 5.24 fill at 12:24 it is rallying hard
 csu30: (13:59) C&H on the Dow projects to 9925?
 berniectx: (14:00) what is C&H craig?
 tomthetrader: (14:02) There goes HNR !
 tomthetrader: (14:02) stopped out
 csu30: (14:07) Bernie: Cup & Handle
 csu30: (14:09) Tom, BBT heading back to it's recent highs - is it worth another short attempt?
 csu30: (14:10) Bernie, I was looking at a 15 minute chart of Dow
 Glenn: (14:10) Tom someone huge buying cme
 berniectx: (14:10) thx
 tomthetrader: (14:10) ICE CME NDAQ BULL
 tomthetrader: (14:11) ELY a buy for spec accounts
 Glenn: (14:11) freight trains
 tomthetrader: (14:13) report today that record volumes are seen
 tomthetrader: (14:20) tomthetrader: EMERGING MKTS BEAR3X(NYSEArca: EDZ)Real-Time: 6.96  0.11 (1.54%) 2:19PM EThelptomthetrader: we will add 25% EDZ at 6.96 100% short Traders
 tomthetrader: (14:21) 4% stops in from the close open monday
 tomthetrader: (14:24) Adding VZ at 29.50 10% into main fund huge yield nice pullback
 tomthetrader: (14:25) Celgene Corporation(NasdaqGS: CELG)Real-Time: 53.00  0.03 (0.06%) 2:24pm EThelp
 tomthetrader: (14:25) 10% CELG in Main at 53.00
 tomthetrader: (14:26) 3 stocks in main fund at 10% now S VZ and CELG
 tomthetrader: (14:27) all 4% stops on the close all positions
 tomthetrader: (14:32) 616.50 ef added 2 contracts on the fall
 tomthetrader: (14:32) TF
 Glenn: (14:32) where ym at tom
 sttteve: (14:32) 9765
 tomthetrader: (14:33) YM dropping for now with close of oil
 Glenn: (14:33) nice your short
 tomthetrader: (14:33) Thank you
 Glenn: (14:34) Good Luck Tom and syeve
 Glenn: (14:34) steve
 Glenn: (14:35) double top es?
 sttteve: (14:38) ty Glenn
 Glenn: (14:41) Guys check out agu I see gap up there at 60
 Glenn: (14:42) also like gap
 tomthetrader: (14:42) AGU a takeover too
 Glenn: (14:42) news on that tom?
 Glenn: (14:42)  agu
 tomthetrader: (15:03) 616.50 adding 2 short futures here
 tomthetrader: (15:03) TF
 tomthetrader: (15:03) R2K Futurs short
 tomthetrader: (15:14) ISHARES DJ US BDIF(RT-BATS: IAI)Last Trade: 29.42 Trade Time: 2:50pm ET Change:  0.27 (0.93%) Bid: 29.48 x 500 Ask: 29.49 x 1100
 tomthetrader: (15:15) adding 10% in Main fund IAI
 tomthetrader: (15:19) Last Trade: 29.44 Trade Time: 3:01pm ET
 tomthetrader: (15:21) SELL S
 tomthetrader: (15:22) Take your profits on the close SELL or trail S here
 tomthetrader: (15:22) 4.05 -4.20
 tomthetrader: (15:22) nice trade guys
 sttteve: (15:24) very good
 Marlin Cobb: (15:24) Nice trade with S.. thanks.. I only got 4.15 because of the Dog.. errrrrrrrrrrrrrrrrrrrrrr
 Marlin Cobb: (15:25) But really nice present to come home to
 tomthetrader: (15:25) Great I hope everyone got a piece ...S can go much higher
 tomthetrader: (15:25) But need to be careful into monday
 tomthetrader: (15:26) see if our TOP forms at 9853 Dow ?
 tomthetrader: (15:26) Or if we roll to 10K Monday ?
 Glenn: (15:26) STT heading to 55 today hopefully
 tomthetrader: (15:30) STT has been really bullish uptrend this week
 Glenn: (15:32) 61.75 resistance on amgn has to get thru that and amgen looks good l
 tomthetrader: (15:32) 617.50 TF adding the last 2 TF short
 tomthetrader: (15:32) AMGN and GILD I want to reenter for 2010
 Glenn: (15:33) Ok guys/gals heading out for weekend be safe all
 Glenn: (15:34) Tom, Crash on Monday? hmmm
 tomthetrader: (15:36) I think we start the process of a orderly decline of 8-10% today
 tomthetrader: (15:36) 9853 DOW ...REMEMBER you saw it 1st here
 Marlin Cobb: (15:38) 10dayh-l: +874
 Marlin Cobb: (15:53) New 52 Week highs are lower on all three we track, (NYSE,NQ,RUT) with the RUT again today, I think that makes 3 in a row, showing all the strength and trying to drive this bull as far as possible
 Marlin Cobb: (15:54) For the NYSE is now two day over lower new highs
 tomthetrader: (15:54) anyone want to stay until 4:15 pm to do a Portfolio CLEANER ?
 Marlin Cobb: (15:54) yep
 Marlin Cobb: (15:55) Our 5 day momentum for New Highs remain in the Bull side of upward momentum, with another day of lower NYSE I think it would change direction, so we get closer
 Marlin Cobb: (16:00) wow new highs spiking into the close, amazing
 Marlin Cobb: (16:02) GNW Nice short for me today
 D1: (16:02) Have a nice weekend everyone!
 csu30: (16:03) Thanks Tom - have a great weekend everyone!
 tomthetrader: (16:03) Thank you all
 tomthetrader: (16:03) Have atremendous weekend
 Marlin Cobb: (16:04)  NYSE: 213 D1:-28% D5:-11% Score: +0-
 tomthetrader: (16:14) RED we are takingoff and fixing some missed positions with E
 tomthetrader: (16:14) on Paltralk
 Marlin Cobb: (16:17) ok