eman11: (13:51) I was thinking the same thing looking to short ES at 1063
bitterwind: (13:51) 1060??
Glems: (13:52) yes 1060
Glems: (13:52) sorry
Glems: (13:53) 1061 could be better but wil stick to guns
berniectx: (13:54) I don't have the gonads to short anything right now
bitterwind: (13:56) if I did I would wait for it to get some mo. I am only long and yrying to keep my nose mclean
bitterwind: (13:56) no going to be a hero
tomthetrader: (13:57) Going 25% into SDS with a 4% stop
eman11: (13:58) Currently I am only long too. If I short ES at 1063 I would put a tight 4 point stop on it.
tomthetrader: (13:58) Great ...this is a amazing run
tomthetrader: (13:59) PT ULTRSHRT SP500 PS(NYSEArca: SDS)Real-Time: 39.79 1.06 (2.59%) 1:58PM EThelp
UPtheMTN: (13:59) risk:reward seems high here for a short ES at failure test high
D1: (13:59) In AAPL oct 180 puts @ 5.70
UPtheMTN: (14:00) Tom: do you have a list of etf's you normally trade or is it a large group
tomthetrader: (14:00) FDX tomorrow
UPtheMTN: (14:00) I'd like to begin a study of them since this is new to me
tomthetrader: (14:00) 700 ETF's but the site has the main ones
UPtheMTN: (14:01) oic-id say that is large
tomthetrader: (14:01) just look in the traders corner and it lists all the major ones we use
bitterwind: (14:01) right hand side
tomthetrader: (14:01) SH SDS BGU
UPtheMTN: (14:01) would an ameritrade acoount work for that- i trade futres and fx from 2 different accts
tomthetrader: (14:01) short
tomthetrader: (14:02) Yes you can trade long / short from 2 seperate accounts
UPtheMTN: (14:02) looking to open a thirs for your trades
UPtheMTN: (14:02) third act
Glems: (14:02) I guess I will wait for 1060
tomthetrader: (14:03) ADBE getting hit
tomthetrader: (14:03) NYX unch a Buy
tomthetrader: (14:03) QQQX a mains tay
AJ: (14:04) filled SDS at 39.69
bitterwind: (14:05) swks a pop....been quit
bitterwind: (14:05) quiet
tomthetrader: (14:06) 'PT ULTRSHRT SP500 PS(NYSEArca: SDS)Real-Time: 39.68 1.17 (2.86%) 2:05PM EThelp adding to 50% here another 25% at 39.68
D1: (14:07) ADBE my stop may hit :(
tomthetrader: (14:07) I may go 100% in traders by 3:00pm
tomthetrader: (14:08) Short in SDS
AJ: (14:08) sell signals yet?
tomthetrader: (14:08) GLW is stinky
tomthetrader: (14:08) No TTT Sell but close 11-14 sell
tomthetrader: (14:08) 2 will change now tomorrow
tomthetrader: (14:09) so we should have a fullout sell By Monday a.m. latest
bitterwind: (14:09) GLW buying someone and doing early ret this wk
tomthetrader: (14:14) Trend day intact trying to fight it is like putting your hand in the garbage disposal with your wife on the power ?
tomthetrader: (14:18) tomthetrader: DB GOLD DBL SH ETN(NYSEArca: DZZ)Real-Time: 17.49 0.40 (2.24%) 2:16pm EThelptomthetrader: we will add 25% into shport Gold tomthetrader: again now 75 % invested 50% SDS 25% DZZ
tomthetrader: (14:20) POWERSHARES DB CRUDE(NYSEArca: DTO)Real-Time: 75.86 3.44 (4.34%) 2:15pm EThelp
tomthetrader: (14:20) 25 % Traders 100% invested in TrDERS
tomthetrader: (14:23) S&P MID DEPOSIT RCPT(NYSEArca: MDY)Real-Time: 128.33 2.18 (1.73%) 2:21pm EThelp ADDING 50% lONG mdy IN Main stop 4%
AJ: (14:35) All U.S. A/D +3089 Vol +4:1
tomthetrader: (14:45) TREND DAY odds UP 64%
hibuck: (14:48) ok here
aszags: (14:49) yes we are
berniectx: (14:49) y
eman11: (14:49) y
hibuck: (14:51) $TICK +983
tomthetrader: (14:53) 70 per cent
hibuck: (14:53) GS ?
hibuck: (14:53) 2
tomthetrader: (14:53) employees
tomthetrader: (14:53) 2
hibuck: (14:53) no good guess
tomthetrader: (14:54) forbes
hibuck: (14:54) how could that be true
hibuck: (14:54) ?
tomthetrader: (14:55) 1 sec
tomthetrader: (14:55) forbes
berniectx: (14:55) with that kind of volume with so few moving the mkt it does put some fear in my constant fear..will read it
hibuck: (14:56) I thought they were goint to pass a bill to outlaw it
eman11: (14:56) Is there any comments in the article by the regulators
AJ: (14:57) VIX at new HOD
Marlin Cobb: (14:58) On the new highs front we are at 345 new highs wich is a new record for this bull run, passing yesterdays record of 243 with sill 1 hour to go. The nasdaq also set it new high for the bull run, the Russell howver has ot and most like will not surpass its bull high run of 111 from 7/23. It currently sits at 83
D1: (14:58) Enjoy the rest of the VIP hour! I shall leave my window open and will catch up later. Off for a Dr. apt.
AJ: (15:02) What's the title of the article?
Glems: (15:04) we are small fish in the sea of sharks, swim fast
eman11: (15:04) Is the nasdaq supossed to be banning HFT sometime this month.
hibuck: (15:05) got it printing it
Marlin Cobb: (15:06) NYSE: 345 D1:56% D5:80% Score: +0-
berniectx: (15:09) http://www.forbes.com/forbes/2009/0921/revolutionaries-stocks-getco-new-masters-of-wall-street.html
eman11: (15:15) Thanks for the link
hibuck: (15:15) maybe we should turn ttt hedge to HFT traders
hibuck: (15:16) lets get it
hibuck: (15:16) sounds fun
hibuck: (15:17) yea said they hired there first employess were gamers
hibuck: (15:18) arthur levitt is a advisor for getco
berniectx: (15:18) in a way it is all a game though isn't it...a casino
Marlin Cobb: (15:19) 10dayh-l: +1547
tomthetrader: (15:19) FDX big tomorrow ...notice trannies today ?
tomthetrader: (15:21) Trannies down 15
Glems: (15:22) natural gas invetories out tommorow i believe at 10:30 so those holding UNG you may want to take profits!!
eman11: (15:25) Do you plan on holding the Traders portfolio overnight?
tomthetrader: (15:25) Yes until next week until stopped out 4% stops on all positions
tomthetrader: (15:26) I will not adjust probably as we top out
aszags: (15:26) Tom how will the Dow close?
tomthetrader: (15:27) up 116
tomthetrader: (15:27) 9800 today 10K friday ?
tomthetrader: (15:27) The goose is loose
tomthetrader: (15:28) we have a .4 handle on P/C again
tomthetrader: (15:28) rare
Glems: (15:30) the frieght train is running step out of the way
Glems: (15:32) Ok guys have good remainder of day, have to coach the high school football team practice
tomthetrader: (15:45) good luck and God speed
tomthetrader: (15:45) TTT Exhausted ...100% invested traders 50% long Main
hibuck: (15:48) $TICK 800
hibuck: (15:48) +
tomthetrader: (15:50) tomthetrader: ACI Oct 2009 25.0000 call(OPR: ACIJE.X)tomthetrader: 1.05 calls tomthetrader: picked up some tomthetrader: anyone else today try them ?
bitterwind: (16:01) does this format have colors.....it is easier to follow. Adobe must nkow that
AJ: (16:02) All U.S. A/D +3233 Vol +3.3:1
Marlin Cobb: (16:03) NYSE: 368 D1:51% D5:74% Score: +0-
Marlin Cobb: (16:04) Another day in the books.. I see no weakness to indicate this is over
bitterwind: (16:04) VLO not much needed to BO...watching
tomthetrader: (16:08) . 29.70% . Date # %Port EP CP $Gain %Gain 1day$ . FCXAL.X 8/14/2009 10 0.26143420996789 10.00 16.10 6,100.00 61% 100 #N/A . GPYAL.X 8/14/2009 6 0.26143420996789 16.00 25.20 5,520.00 58% 96 #N/A . NKEAK.X 8/14/2009 20 0.24686293094911 5.00 5.20 400.00 4% 100 #N/A . PFYAZ.X 8/14/2009 33 0.25126732402469 3.00 3.13 429.00 4% 99 #N/A . CALAB.X 8/14/2009 28 3.50 7.00 9,800.00 100% 98 #N/A . LQHAJ.X 8/14/2009 16 6.50 7.00 800.00 8% 104 #N/A . CYQAD.X 8/14/2009 44 2.30 3.90 7,040.00 70% 101.2 #N/A . HPQAH.X 8/14/2009 18 5.50 6.90 2,520.00 25% 99 #N/A . AAOAI.X 8/14/2009 25 4.00 3.60 -1,000.00 -10% 100 #N/A . DBAAY.X 8/14/2009 50 2.00 1.60 -2,000.00 -20% 100 #N/A . $129,609 0.22844864168383 4007267.14% 1.02099867490958 Total Gain: 29,609.00 30%
tomthetrader: (16:12) OPTIONS PORTFOLIO IS ON THE SITE TOO
tomthetrader: (16:16) 72.50 res oil
tomthetrader: (16:16) good night all
Marlin Cobb: (16:31) I am going to play for a few minutes with the room.. don't freak
hibuck: (16:33) I like it better
Marlin Cobb: (16:35) For those that want a small chat room this is easier to type in
