---------- Forwarded message ----------
From: <marlin@redliontrader.com>
Date: Mon, Sep 28, 2009 at 4:25 PM
Subject: Adobe Acrobat Connect Pro - Chat Transcript from TTTHedge.com Traders Trading Room
To: marlin@redliontrader.com


 tomthetrader: (9/28/2009 11:09) FDX we are looking for bigger gains but will settle for 74.88 here out of FDX
 tomthetrader: (11:09) fdx sold
 tomthetrader: (11:10) 1062.50 short spx possible
 ctmhou: (11:10) Is there a difference logging on as a member here or as a guest?
 ctmhou: (11:10) I need a password then
 Marlin Cobb: (11:11) there are only 2 members right now tom and me
 Marlin Cobb: (11:11) everyone else is loggin in as guest
 ctmhou: (11:11) OK
 Marlin Cobb: (11:11) I need to hand enter everyone so it will take some time
 ctmhou: (11:11) Understand
 ctmhou: (11:11) Thanks
 tomthetrader: (11:12) The VPHM Oct 10 calls(DUZJB) trading $.40-$.45.  Still holding  we will buy some 20 contracts in traders DUZJB stop .30
 tomthetrader: (11:14) VPHM we will take a shot
 tomthetrader: (11:14) on their takeover possiblilty
 tomthetrader: (11:14) 9.60 the stock is also OK
 bitterwind: (11:15) NVDA nive pop thru DTLine on 15 min needs thru 15.40-.50 R
 bitterwind: (11:15) nice
 tomthetrader: (11:15) Very good chart
 tomthetrader: (11:16) STOP UA at Break even please and MS at 4%
 tomthetrader: (11:18) GLW acting great
 tomthetrader: (11:18) good volukme
 tomthetrader: (11:18) and breaking up
 hibuck: (11:20) how about IWM puts nov 62 3.05 3.10
 TraderH: (11:22) I got some Gold 58 Oct Puts
 TraderH: (11:22) GLD
 tomthetrader: (11:23) 2-4 per cent
 tomthetrader: (11:23) pxp
 tomthetrader: (11:23) 26.48 10 per cent
 tomthetrader: (11:24) PXP added 10% to main at 26.48
 tomthetrader: (11:26)  PXP Nov 28 calls
 AJ: (11:27) PXPKX 1.70/1.75
 tomthetrader: (11:28) The PXP Nov 28 calls have pulled back to $1.65-$1.70, and the PXP Nov 28-30 call spread is trading near $.70, while the PXP 27-30 trades $1.10 or less.
 bitterwind: (11:28) best trading stock for me  is CIEN...watch it
 tomthetrader: (11:28) Thanks
 tomthetrader: (11:29) CIEN been a great trading vehicle
 bitterwind: (11:29) Tom like the variety of positions you toss out to consider
 tomthetrader: (11:29) Thank you ...100's of ideas so little money !
 tomthetrader: (11:31) PORTFOLIO CLEANER PXP 26.48 filled 10%
 tomthetrader: (11:32) 20 PXPKX at 1.75 stop 1.60
 bitterwind: (11:32) SPX is thru 50% retrace of last weeks down move
 tomthetrader: (11:33) BUY 10% TDF at 24.92 in Main fund
 TraderH: (11:34) Red I think VPHM is in Traders
 tomthetrader: (11:34) stop 24.44
 redliontrader: (11:34) $52WHN:NewHighs().  NYSE: 134 D1:103% D5:2% Score: +0-
 bitterwind: (11:38) QCOM finally a v nice day
 eman: (11:43) VPHM New High
 TraderH: (11:47) Tom where is the Stop on MS?
 tomthetrader: (11:48) MS stops 29.99
 TraderH: (11:48) OK
 tomthetrader: (11:50) TZA we will take a small 10% position in Traders at 11.61
 tomthetrader: (11:50) stop 11.29
 tomthetrader: (11:51) filled TZA 11.61 stop 11.29
 tomthetrader: (11:51) 1062.50 spx
 tomthetrader: (11:52) dbo
 tomthetrader: (11:52) usd
 tomthetrader: (11:55) TDF 24.92 was Filled PORTFOLIO CLEANER
 Glenn: (11:57) what was nke fill?
 tomthetrader: (11:58) Do not think NKE got filled
 tomthetrader: (11:59) Any NKE fills out there ?
 tomthetrader: (12:00) Does everyone think Portfolio is correct ?
 tomthetrader: (12:00) let us know if you see anything
 tomthetrader: (12:00) TDF may be a good trade
 tomthetrader: (12:01) 24.92 is actual fill portfolio has 25.92 we will fix
 dhmohan: (12:02) tom do u think market has achance to go down from 1062
 Glenn: (12:03) Is TDF in IRA portfolio?
 tomthetrader: (12:07) Thanks guys ...this is a Traders market let's try to beat some $$ out of it
 tomthetrader: (12:07) DBO over 24.05
 tomthetrader: (12:07) really missed DBO and USD ...mt bad guys
 tomthetrader: (12:08) USD up 6% in my college kids accounts
 tomthetrader: (12:08) I didn't feel it would shoot off
 redliontrader: (12:14)  NYSE: 147 D1:116% D5:6% Score: 4+
 A1: (12:14) GILD doing well today!! ty Tom
 Glenn: (12:17) "Market Internals update at 12:00pmET - NYSE volume 343M shares, about 23% below its three-month average; advancers lead decliners by 9.5:1. - NASDAQ volume 877B shares, about 10% above its three-month average; advancers lead decliners by 3.8:1. - VIX index -1.6% to 25.20"
 bitterwind: (12:17) looking for a pb even to R2 on many stocks to trade or are we going up all in one day??  Many up 4a%
 bitterwind: (12:18) usd up 5.2%
 tomthetrader: (12:21) Love GILD CELG
 tomthetrader: (12:22) Thanks Glenn : notice the up down volume if we can get 9-1 it will be a new buy signal
 tomthetrader: (12:22) t 12:00pmET - NYSE volume 343M shares, about 23% below its three-month average; advancers lead decliners by 9.5:1.
 tomthetrader: (12:25) I am quite Sure Google Docs is down again so please let us know if you have any questions on portfolios
 Glenn: (12:26) VLO looking decent
 tomthetrader: (12:30) love VLO
 tomthetrader: (12:30) NKE NKEAk
 tomthetrader: (12:30) 6.20
 tomthetrader: (12:31) we bought at5.00
 eman: (12:36) Heeping calls  in Traders on VPHM?
 tomthetrader: (12:37) Yes
 eman: (12:37) Keeping calls in trdaers for VPHM
 tomthetrader: (12:37) we will put stops in right here E lets take some profits
 eman: (12:38) The calls have not moved much. Options bought at .45
 eman: (12:38) Traders has the OCT 10
 redliontrader: (12:39) duz jb
 tomthetrader: (12:40) sold 10  at .55 as  we are stretched
 tomthetrader: (12:41) let 10 run
 redliontrader: (12:41)  NYSE: 155 D1:107% D5:1% Score: +0-
 tomthetrader: (12:43) Does anyone know of any proprietary firms which allow you to trade with under 25,000 dollars, but do not have a 1 year lockup on your funds and allow you to do overnight trading as well as daytrading and have a reasonable payout rate?
 eman: (12:44) I think the $25,000 requirement is a SEC requirement for day trading
 tomthetrader: (12:46) out of all VPHM calls now
 tomthetrader: (12:47) 20 contracts sold at .55 from .45 a nice day trade
 tomthetrader: (12:47) hour + ?
 tomthetrader: (12:49) C has gone up nice since recom
 tomthetrader: (12:50) 4.45 4.49
 tomthetrader: (12:50) may be a buy on next dip
 tomthetrader: (12:50) CIT also up
 AJ: (12:54) Naz A/D +1494 Vol +3.4:1
 AJ: (12:54) NYSE A/D +1788 Vol +6.1:1
 AJ: (12:54) RUT A/D +1502 Vol +3.9:1
 AJ: (12:54) All U.S. A/D +3445 Vol +4:1
 tomthetrader: (12:56) Again ...everyone OK here ?
 tomthetrader: (12:57) right bACK  to 1062.50 like 1050.00 on Friday a comfort level
 tomthetrader: (12:57) any bad news or bad earnings or geopolitical actions will tank this market but we have to play some long s
 Glenn: (13:00) anyone looking at     C
 eman: (13:00) -PXPKX stopped out Traders at 1.60
 eman: (13:03) Traders currently 10% in TZA and 90% cash - Google still down
 eman: (13:06) Main Positions TR, MS, UA, PXP TDF 10% each
 eman: (13:06) Not TR, but IR
 tomthetrader: (13:07) TBT we will add 25% in Traders at 44.18
 tomthetrader: (13:08) again we will add TBT at 44.18 in Traders 25% filled
 redliontrader: (13:13) NYSE: 161 D1:92% D5:-2% Score: 2-
 csu30: (13:18) My fills today so far are: MS @ 30.93; PXP @ 26.37; TBT @ 44.18
 tomthetrader: (13:19)  Thanks Craig
 tomthetrader: (13:24) tomthetrader: (11:09) FDX we are looking for bigger gains but will settle for 74.88 here out of FDX
 tomthetrader: (13:28) ua 28.25 all stops on profits b.e.
 tomthetrader: (13:29) and 1065
 tomthetrader: (13:37) Trend day odds now up to 83%
 AJ: (13:38) so down tomorrow?
 tomthetrader: (13:42) UA take profits at 28.75 sell at 28.75 limit
 tomthetrader: (13:42) up .50 cents from buy area this am
 tomthetrader: (13:42) sold UA with a great profit
 redliontrader: (13:46)  NYSE: 164 D1:93% D5:-4% Score: +0- i
 TCB: (13:47) JNJ looking like it finally wants to bust out of its two month range
 tomthetrader: (13:50) PXP 26.75 limit sell from 26.48 take your profits guys stop26.68 stop profit 26.75
 tomthetrader: (13:51) JNJ was a great stock pick ...it just wouldn't break out
 tomthetrader: (13:51) now it looks like it is
 Glenn: (13:51) in JNJ 61.17
 redliontrader: (13:53) I have $7.2K closed so far today
 ctmhou: (13:54) Wellllllllll............
 ctmhou: (13:54) Nut Job?
 tomthetrader: (13:55) The system works
 ctmhou: (13:55) I have watched and one day I will get the ba**s to trade as much.
 tomthetrader: (13:55) not for everyone but
 Almond Joy: (13:55) Sometimes you feel like a nut,  sometimes you don't
 tomthetrader: (13:55) if you can learn to trade and make short term and use your IRA for long term profits you got it made
 ctmhou: (13:56) That's what I am trying to do. IRA
 jbljudy: (13:56) Helene
 ctmhou: (13:56) Really?
 redliontrader: (13:57) could be... I haven't been good about patroling
 ctmhou: (13:57) Red, making money over patroling?
 redliontrader: (13:57) i know.. priorities
 ctmhou: (13:57) $7200.00......I'll let them in.
 Glenn: (13:58) I saw raqhel welch in here last week
 redliontrader: (13:58) got to fill the coffers after last week..  thank god that can't ship wine to massachusetts or maine
 tomthetrader: (13:58) did you stuff the suitcases ?
 ctmhou: (13:58) Who does the notes here?
 TraderH: (13:59) My GLD puts are in the money big time
 berniectx: (13:59) I was under the impression that we had celibrities every day TTT Tom and Red??
 redliontrader: (13:59) 4 cases of check luggage/boxes $15 a piece on virgin atlantic.. which is a great airline
 redliontrader: (14:01) Tom and I can do the notes craig.. do you want access?  If anyone wants a mike or access to type on the notes let me know
 redliontrader: (14:03)  NYSE: 169 D1:94% D5:-5% Score: +0-
 redliontrader: (14:06) NYSE New High momentum is slipping slightly and this last 1/2 hour was the first time today that the RUT New High momentum slipped.. we will have to see if it regains in the next 1/2..
 hibuck: (14:09) NYSE A/D +1500
 hibuck: (14:09) NAZ A/D + 1515
 hibuck: (14:10) $TRIN .65
 hibuck: (14:10) $TRIQE .98
 hibuck: (14:10) $TNX 33.09 3.30
 hibuck: (14:10) QQQQ 42.43
 bitterwind: (14:11) qcom others pback
 tomthetrader: (14:14) test 1035 es was very successful
 tomthetrader: (14:15) oil rates dollar
 tomthetrader: (14:16) opps in commodities and short
 tomthetrader: (14:16) 1080
 tomthetrader: (14:16) cash spx
 tomthetrader: (14:17) 1035 low in place
 tomthetrader: (14:19) 1062.50 spx cash the comfort area
 tomthetrader: (14:19) ES there is a lot of bearish sellers up there that need some good news to get blown out
 eman: (14:23) Is there a stop on TBT?
 tomthetrader: (14:25) yes 42.99
 tomthetrader: (14:30) we will add another 10% to TDF in Main fund here at 24.95We updated earlier this morning as VPHM spiked. As it trades over 11% higher now, for those that went with the Oct 10 calls, we like today's move and might consider lightening up some here. The VPHM Oct 10 calls(DUZJB) trading $.55-$.60.
 tomthetrader: (14:31) so we have taken profits in our DUZJB and we will add TDF another 10% in Main
 tomthetrader: (14:31) filled 24.92 on TDF so 2 positions at 24.92
 tomthetrader: (14:32) right here is where TDF we will see if the emerging markets can takeoff our a new correction has set in
 redliontrader: (14:33) NYSE: 175 D1:80% D5:-10% Score: 2-
 AJ: (14:36) All U.S. A/D +3291 Vol +4:1
 redliontrader: (14:41) the RUT says we are going to rally here..
 AJ: (14:43) put it on the speaker so we can all hear it :-)
 TraderH: (14:47) Red hope so. I  go 5 long ES 58.5
 redliontrader: (14:56) sideways sideways.. rut is falling off a little.. let's see what the 3pm New Highs say to us
 TCB: (14:59) Dollar closing at its highs
 redliontrader: (15:01)  NYSE: 178 D1:42% D5:-18% Score: 2-
 redliontrader: (15:02) NYSE new highs contiue to weaken especially around the D5 number, where mid-day we were positive now negative.. The Rut NEW Highs also weakend that 1/2 hour putting in a 2- score also which is slight bearish
 eman: (15:11) SPX is at 50% retrace of the drop from 1080
 tomthetrader: (15:17) fxi
 tomthetrader: (15:17) calls fxi
 tomthetrader: (15:17) egle
 tomthetrader: (15:17) gnk
 tomthetrader: (15:17) drys
 tomthetrader: (15:18) fcx
 tomthetrader: (15:18) tck
 tomthetrader: (15:19) sim
 redliontrader: (15:22) Has anyone installed the adobe room add-in, this allows the room to run outside the browser..  I know a couple of you have installed.. one is having an issue installing.  If you could type Y if you have installed without problems it would help me debug, if you have had problems let me know
 AJ: (15:24) Y
 derr11: (15:24) No problem with mine
 Bill C: (15:24) y
 TTTMichael: (15:26) Y, installed without problems.  Also long EWW and SPY coming into today.  Sold EWW and will sell SPY at close.
 eman: (15:31) Tom - Do you plan on holding TBT and TZA overnight?
 TTTMichael: (15:36) Deflation.
 TTTMichael: (15:36) Deflation first, then stagflation.
 A1: (15:38) I have installed it RED np so far, however I cannot find what was installed....... LOL
 redliontrader: (15:38) yes, sneaky stuff
 A1: (15:38) But the room is running seperately from the Browser
 redliontrader: (15:39) much better for screen space..
 A1: (15:39) :)
 dhmohan: (15:41) drys is a buy or trade idea
 tomthetrader: (15:42) trade idea
 tomthetrader: (15:42) I like EGLE and GNK better
 dhmohan: (15:42) why
 tomthetrader: (15:43) fundamentally they are better run and technically in better shape ...DRYS is too volatile and poorly run
 dhmohan: (15:43) dividents
 tomthetrader: (15:43) dividends are being slashed in some and reinstated in others
 tomthetrader: (15:47) 58.75 nke 10 per cent long
 TTTMichael: (15:56) GREAT comment, "best way to make a living".
 tomthetrader: (15:56) nowhere else in the world can you trade independently and make millions with some common rules
 tomthetrader: (15:57) US markets no matter how bad we hate them at times provides more opps than anywhere in the world
 tomthetrader: (15:58) PXP is still a great play
 tomthetrader: (15:59) HOD MS
 A1: (16:00) Have a nice evening Tom and everyone !!
 tomthetrader: (16:00) 1062.50 ?
 tomthetrader: (16:01) Good night A 1
 tomthetrader: (16:01) all orders pulled now no open ordwers
 redliontrader: (16:02) NYSE: 192 D1:8% D5:-19% Score: +0-
 redliontrader: (16:04) good night A1
 tomthetrader: (16:13) maybe a bottom in TBT ? a higher low on close ?
 tomthetrader: (16:14) tdf ENDS hod WITH ms
 tomthetrader: (16:15) 92% of stocks aboveFridays close
 tomthetrader: (16:16) Bears complaining about VOLUME ...my favorite topic !
 tomthetrader: (16:17) good article at minyanville on shorting MON POT and MOS
 tomthetrader: (16:17) I may go long ? !
 tomthetrader: (16:19) everyon4e on Twitter can follow AnneMarie to see how not to trade