(8:19 AM) Alert: This is a G rated room intended for a General Audience including minors. Offensive language is not permitted.
(8:19 AM) Alert: Hi , Welcome to TTT
redliontrader: gm
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(8:23 AM) derr11: RED,
(8:23 AM) derr11: What is going on here ?
(8:24 AM) derr11: I thought it was going to be a down day
redliontrader: no I think up a day or two than back down
(8:26 AM) derr11: Good
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redliontrader: good morning Thomas.. !
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(8:31 AM) ajayvee: oops not so good
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(8:31 AM) tomthetrader: Good morning
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(8:53 AM) tomthetrader: Nat Gas can't get a break ?
(8:54 AM) tomthetrader: AJ ..you get SPY 101.23 RED ?
(8:55 AM) ajayvee: no. I have SPY high today as 100.82
(8:56 AM) tomthetrader: OK
(8:56 AM) tomthetrader: TY
(8:58 AM) tomthetrader: QCOM downgrade ?
(8:58 AM) tomthetrader: CIEN way up on earnings
(9:01 AM) azags: Credit Suisse downgraded qcom to neutral
(9:04 AM) tomthetrader: I think that stinks
(9:05 AM) tomthetrader: maybe a key reversal day for QCOM we will grab 10% more and readjust stops
(9:05 AM) tomthetrader: 44.90 add QCOM 10% Main ...I hate foreign banks !
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(9:06 AM) tomthetrader: stops now hard at 42.50
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(9:12 AM) eman11: Here is a link to very interesting article comparing GDI (Gross Domestic Income) to GDP. GDI has been down 6 straight quarters first time in history. http://www.nypost.com/seven/09032009/business/warning__what_im_about_to_tell_you_is_gr_187819.htm
(9:13 AM) tomthetrader: Thanks E
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redliontrader: eric can you do the trades this AM?
(9:17 AM) eman11: Yes. I might be in and out of the office, but I should be here most of the time.
(9:17 AM) tomthetrader: won't be much
(9:17 AM) tomthetrader: we added QCOM 10% readjust stop
redliontrader: great.. thanks.. I will be here too.. just doing housework
redliontrader: QCOM added
(9:18 AM) tomthetrader: and SPY is at 101.23 GTC
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(9:18 AM) tomthetrader: 10% Main
(9:18 AM) tomthetrader: we will move QLD down to Traders though before the weekend
(9:19 AM) Kiwi_SanDiego: y
(9:19 AM) energy2x: y
(9:19 AM) bloomert: y
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redliontrader: t
(9:19 AM) Alert: ====SECURITY BULLETIN!=======
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redliontrader: doggie 10 - you need to SuperIM or IM me
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(9:26 AM) tomthetrader: Thank you
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(9:26 AM) tomthetrader: 1x more update at 9:45am
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(9:35 AM) hibuck2: $PCRCO .65
(9:35 AM) hibuck2: $TRIN .36 $TRIQE .94
(9:36 AM) tomthetrader: low
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(9:39 AM) desertone: GM
(9:39 AM) bitterwind4: CIEN
(9:41 AM) tomthetrader: was up 10% pre market
redliontrader: GMARI - DANDDC_3 - I don't have you on our membership or trail roster please IM me if you want to stay in here
redliontrader: or trial either
(9:42 AM) tomthetrader: Greg ? You out there ?
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redliontrader: 10dayh-l: -351
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(9:45 AM) tomthetrader: GS we will take profits in here at 160.59
(9:46 AM) tomthetrader: and add the calls Back Jan 160
(9:46 AM) tomthetrader: filled 160.79
(9:46 AM) tomthetrader: calls were added
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(9:48 AM) eman11: Are the GS calls an official trade, do I need to add it to the portfolio.
(9:49 AM) tomthetrader: GPYJL 10 at 8.6
(9:49 AM) eman11: In traders or main?
(9:49 AM) tomthetrader: we switched from GS stock and bought the Calls Main
(9:49 AM) tomthetrader: all it was was cash management
(9:50 AM) eman11: ok
(9:50 AM) tomthetrader: 160.79 filled GS Shares 8.60 filled options long
(9:52 AM) tomthetrader: IR sell at 30.76
(9:52 AM) tomthetrader: selling IR for a profit at 30.76
(9:53 AM) tomthetrader: filled 30.80
(9:53 AM) tomthetrader: IR filled at 30.80
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(9:54 AM) dhmohan1963: r u talking i cant hear u
(9:54 AM) tomthetrader: yes
(9:54 AM) azags: y
(9:54 AM) rekon8: yes
(9:54 AM) bitterwind4: y
redliontrader: thank you for BOTH GS and IR - great calls
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(9:56 AM) bitterwind4: NVDA off 14 nicely
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(9:58 AM) tomthetrader: 4.20 sell calab
(9:58 AM) tcb66: one hell of a sell program
(9:58 AM) hibuck2: market selling off
(9:59 AM) tomthetrader: selling calab
(9:59 AM) ajayvee: Naz A/D +333 Vol +1.3:1
(9:59 AM) tomthetrader: Have agreat day
(9:59 AM) berniectx: have a good time golfing
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(10:00 AM) ajayvee: NYSE A/D +685 Vol +4:1
(10:00 AM) ajayvee: RUT A/D +292 Vol +2:1
(10:01 AM) ajayvee: All U.S. A/D +1630 Vol +2.8:1
(10:01 AM) tcb66: selloff on good eco news again.....would be a big tell
(10:01 AM) tomthetrader: also we want to enter TBT in Main sometime today so ....double check your charts we will enter SPY and TBT hopefilly today in main
(10:01 AM) tomthetrader: BYE
(10:01 AM) tomthetrader: Have a wonderful day
redliontrader: good luck
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(10:02 AM) eman11: good luck Tom
(10:02 AM) tomthetrader: I won't be doing much but putting and giving away $$$$$$$$$$
redliontrader: NYSE: 36 D1:100% D5:37%
(10:02 AM) tomthetrader: Thank you
redliontrader: nice new highs out the chute
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(10:04 AM) eman11: AD NYSE -822
(10:04 AM) eman11: Sorry AD NYSE + 822
(10:04 AM) eman11: NAZ + 275
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redliontrader: Rut is weak.. watch it..
(10:07 AM) Alert: Biden speech on economic recovery LIVE NOW on News Talk Online in the Radio/TV Section [Free Video]
redliontrader: 10dayh-l: 574
redliontrader: -574 that is
(10:08 AM) eman11: AD NYSE + 350
(10:08 AM) eman11: NAZ -4
(10:09 AM) bitterwind4: CIEN got pushed to hod on barely 2 mill shares..below 13 again for now
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redliontrader: D1 do you still have you IWM puts?
(10:17 AM) ajayvee: Naz A/D -110 Vol 1:1
(10:18 AM) ajayvee: NYSE A/D +233 Vol +2.5:1
(10:18 AM) ajayvee: RUT A/D -400 Vol +1.4:1
(10:19 AM) ajayvee: All U.S. A/D +217 Vol +1.2:1
(10:19 AM) hibuck2: TRINS acting wierd again down but market selling off
(10:19 AM) hibuck2: $TRIN.39 $TRIQE .87
redliontrader: YM at lows of pullback
redliontrader: NQ 1585 needs to hold
(10:23 AM) tcb66: Anyboby know when rollover day is for the index futures?
(10:24 AM) eman11: NYSE AD + 10
(10:24 AM) eman11: NAZ - 284
(10:24 AM) hibuck2: on dec NQZ9 @ 1584
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redliontrader: NYSE: 43 D1:105% D5:39%
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redliontrader: 10dayh-l: -747
(10:43 AM) hibuck2: in QID @ 26.85
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(10:47 AM) hibuck2: NYSE A/D +377
(10:47 AM) hibuck2: NAZ A/D +12
(10:48 AM) hibuck2: $PCRCO .99
(10:48 AM) hibuck2: $TNX 33.33 3.33
(10:48 AM) hibuck2: $TRIN .38 $TRIQE 1.00
redliontrader: Rut is making a decent comeback here
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redliontrader: NYSE: 48 D1:129% D5:42%
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redliontrader: watch the d5 numbres today on the NYSE new high posts.. see if the % keeps climbing
(11:02 AM) ajayvee: Naz A/D +244 Vol +1.6:1
(11:02 AM) ajayvee: NYSE A/D +768 Vol +3.2:1
(11:02 AM) ajayvee: RUT A/D +54 Vol +1.6:1
(11:03 AM) ajayvee: All U.S. A/D +1116 Vol +2:1
redliontrader: 1 amm buying.. a good thing here
redliontrader: 11am that is
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redliontrader: 10dayh-L: -768
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redliontrader: dow is stuggling here.. a/d just went -
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redliontrader: NYSE: 52 D1:136% D5:45%
redliontrader: anybody trading anything?
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(11:36 AM) ajayvee: I took .25 from SRS earlier. just scalping
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(11:45 AM) tcb66: no stopping gold
redliontrader: good job aj..
redliontrader: i have scalped IP and GNW today
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redliontrader: $52WHN:NewHighs(). NYSE: 58 D1:152% D5:59%
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(12:08 PM) ajayvee: Naz A/D +335 Vol +1.8:1
(12:08 PM) ajayvee: NYSE A/D +833 Vol +3:1
(12:09 PM) ajayvee: RUT A/D +146 Vol +1.7:1
(12:09 PM) ajayvee: All U.S. A/D +1222 Vol +2:1
redliontrader: 10dayh-l: -798
(12:12 PM) ajayvee: VIX at lod, down almost 4%
(12:13 PM) ajayvee: are we percolating to bust an up move?
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(12:15 PM) Todd5566: any opinions on airline companys like CAL...? is there going to be another short up trend?
(12:16 PM) Todd5566: LOOK CAL AMR UAUA, should get in yesterday
(12:17 PM) Todd5566: Any opinions please TOM, RED? Thanks!
(12:20 PM) dhmohan1963: red what option REUPP
(12:21 PM) dhmohan1963: which tom sent
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redliontrader: hang on d
redliontrader: D.. I don't know what you are asking?
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(12:37 PM) puma157: hi
(12:37 PM) hibuck2: check
(12:40 PM) dhmohan1963: tom in his email asked to not to miss REUPP as it will double by sept 15 i am try ing to understand what it is
(12:43 PM) Todd5566: dhmohan1963, I think he meant the member fee
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redliontrader: hi d... yes Tom is running an early bird special to pay early for 2010. If you "re-up" before Sept 15th it is 499
redliontrader: for all of 2010
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(12:50 PM) dhmohan1963: i already paid
redliontrader: Great!
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redliontrader: NYSE: 63 D1:152% D5:64%
redliontrader: still improving on D5
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redliontrader: weakness in new highs in NDQ and RUT are very troubling..
redliontrader: ndq dragging -17% from yesterday -200% 5 day average
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redliontrader: Run number are matching yesterday
redliontrader: Rut numbers
redliontrader: -270% 5 day average
(1:14 PM) puma157: where is tom? not aroud today?
(1:15 PM) puma157: around
redliontrader: Tom is off today
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(1:19 PM) puma157: thank you
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redliontrader: NQ is stuck below that 1601.. need a push here to keep this upward momentum going
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redliontrader: GS options are doing great! HOD
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redliontrader: 10dayh-l: -807
redliontrader: we need to see this start going the other way
redliontrader: what do we think in here? Sideways.. Up close or down close from here?
(1:44 PM) hibuck2: iam still short red
(1:44 PM) hibuck2: but i dont like the TRINS r down
redliontrader: NYSE NHS: 66 d1:+164% D5:+71%
(1:45 PM) hibuck2: $TRIN .49 $TRIQE .71
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redliontrader: our 5 day momo on the New Highs has a good shot at turning today if there is no sell-off
redliontrader: which would trigger a buy signal for the NYSE
redliontrader: the NQ and RL are not even close.. but this has happened before
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redliontrader: on the 7/10 launch into that bull run
(1:52 PM) Pete45: It looks like Market on the making of similar triangle as the one from May 14th to Jun 10
redliontrader: yes
redliontrader: our %of stocks above their 40 day moving average indicator....
redliontrader: sits at 80.51 y;day
redliontrader: let me correct that sits at 80.51 now
redliontrader: y'day it wa 79.24
redliontrader: so this has strenghten..
redliontrader: This is the indicator that moved below its 19 day moving average and trigger a sell signal from the top
redliontrader: the value at that point was 85.44
redliontrader: so we sold down to 79.24 and if today holds we would bounce back up to 80.5 ish
redliontrader: each time during this bull run that we have crossed below hit a low and started back up again.. the next day was a green candle
redliontrader: I will send out a chart afterhours.. but a green tomorrow might be in the cards
redliontrader: 2pm NYSE NHS: 67 D1:148% D5:64%
redliontrader: so that is a little weaker
(2:01 PM) Pete45: Red –Can you recommend a read on this technical so I can understand you market data
redliontrader: do you get my email?
(2:03 PM) Pete45: yes
redliontrader: you want to read more?
(2:04 PM) Pete45: absolutely
redliontrader: you read winning on wall street.. Zweig book?
redliontrader: you read Jesse Livermore book?
redliontrader: you read tulip mania?
(2:06 PM) Pete45: Which one do you recommend the most out of three books
redliontrader: all fundemental books/articles about trading psychology.. how markets work..
redliontrader: tulip mania written in the 1800's
redliontrader: jesse livermore 1940?
redliontrader: martin Zweig 1990..
redliontrader: no cutting edge here!
(2:08 PM) Pete45: Great -I'll order
redliontrader: Jesse livermore book is floating on the internet as a pdf
(2:08 PM) Pete45: thanks
redliontrader: tulip manin is also in public domain.. it is section from a book about bubbles
redliontrader: Zweig you have to buy
redliontrader: GS needs to hold this 160.70
(2:10 PM) ajayvee: Naz A/D +335 Vol +1.8:1
(2:10 PM) ajayvee: NYSE A/D +972 Vol +3:1
(2:11 PM) ajayvee: RUT A/D +138 Vol +2:1
(2:11 PM) ajayvee: All U.S. A/D +1410 Vol +2.1:1
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(2:20 PM) hibuck2: red i hv that book and i need to read it again
(2:21 PM) hibuck2: r we going to sell off now?
redliontrader: ug
(2:22 PM) hibuck2: i still short
redliontrader: gj
(2:25 PM) ajayvee: are we still looking for a positive day?
(2:26 PM) ajayvee: volume looking even lower than yesterday
redliontrader: it's like summer is back
redliontrader: NYSE: 68 D1:143% D5:57%
(2:34 PM) desertone: GS not looking very promissing for an upside
(2:34 PM) tomthetrader: UNP we will lock in profits and reenter sell UNP at 59.59
(2:34 PM) tomthetrader: 59.60 filled at 2:34pm
(2:35 PM) tomthetrader: 59.64 on ask now
(2:35 PM) hibuck2: welcome back tom
(2:35 PM) tomthetrader: I shot 100 +++++
(2:35 PM) tomthetrader: Good to be back
(2:35 PM) tomthetrader: pretty even day
(2:39 PM) desertone: W back
(2:40 PM) tomthetrader: Thank you
(2:40 PM) tomthetrader: seems like we should be rallying but we are not
(2:40 PM) tomthetrader: that is not good news for Bulls
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(2:42 PM) tomthetrader: How did you like HL Hecla ?
(2:42 PM) hibuck2: 3.31
(2:43 PM) tomthetrader: unreal little miner still a buy !
(2:43 PM) tomthetrader: worth $10 at 1000 gold
redliontrader: 10dayh-l: -836
(2:44 PM) hibuck2: ron insana said seems like someone knows something
(2:44 PM) tomthetrader: Yes this is setting up like a CRASH
(2:45 PM) hibuck2: i am very short i hope so
(2:45 PM) tomthetrader: GS diving but still above Buy levels
(2:45 PM) tomthetrader: I may be soon >...
(2:45 PM) tomthetrader: You guys tracking a/d up / down ...seems OK
(2:45 PM) tcb66: August lows need to get taken out to flush out all the bulls
(2:46 PM) hibuck2: yes
(2:46 PM) eman11: NYSE A/D +688
(2:46 PM) eman11: NAZ + 240
(2:46 PM) hibuck2: thxs e
(2:47 PM) ajayvee: RUT the weakest but still + A/D
(2:48 PM) tomthetrader: Thanks AJ...seems we need RUT the strongest here ...not good
(2:49 PM) ajayvee: RUT A/D +20 Vol +1.4:1
(2:50 PM) tomthetrader: Yuck ?
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(2:51 PM) ajayvee: volume even yuckier!
(2:51 PM) tomthetrader: seems like GS wants to hold support
(2:52 PM) ajayvee: I think it's still a guess which way this goes, unless you have some indicators....?
(2:52 PM) tomthetrader: making higher lows and not giving in
(2:52 PM) tomthetrader: I like our stocks here ..good values but market doesn't know until we get consumer going ..I think we may be OK
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(2:54 PM) dhmohan1963: tom UNG at the very low u think it is good or not
(2:55 PM) tomthetrader: NO go
(2:55 PM) dhmohan1963: ok
(2:55 PM) tomthetrader: if you want oil or Gas VLO EP OXY no ETF's
(2:56 PM) tomthetrader: VLO is my best recommendation for refiner shortages this winter
(2:56 PM) tomthetrader: Market is probably in better shape than most think here
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(2:58 PM) ajayvee: y
(2:58 PM) ctmhou: It was sooo quiet.
(2:58 PM) ctmhou: Until..........
(2:58 PM) ctmhou: No,NO,No
(2:58 PM) ctmhou: They love your dolcet tones
(2:58 PM) tomthetrader: vlo
(2:59 PM) ctmhou: Why VLO?
(2:59 PM) ajayvee: TNA? BGU?
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(2:59 PM) tomthetrader: qld
(2:59 PM) tomthetrader: tyh
(3:00 PM) tomthetrader: nq futures
(3:00 PM) ajayvee: sure, take your time....you have an hour
(3:00 PM) tomthetrader: bgu
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redliontrader: 10dayh-l: -849
(3:05 PM) tomthetrader: Red what are you seeing...I am brighter than I was
redliontrader: yes.. i think green tomorrow is getting set in
(3:05 PM) tomthetrader: I agree
(3:06 PM) tomthetrader: people may get impatient here too and Buy into close up to 1000
redliontrader: nq new highs are holding in.. rl new highs have improved a little
(3:06 PM) desertone: Still hold the IWM Oct puts?
redliontrader: I would just like to see a little preview.. some buying strength..
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(3:07 PM) tomthetrader: D1 if IWM puts is less than 10% of your portfolio
(3:07 PM) tomthetrader: I would hold with a 20% stop
redliontrader: D1 what did you buy?
(3:11 PM) desertone: The iwm oct 58s @ 3.75
(3:11 PM) tomthetrader: do you currently have a profit ?
(3:12 PM) TTTMichael: Not doing much here, still hold a lot of high yield, swing trade country ETFs, but have just bought a little SGG, the sugar ETF, on a pullback after it's breakout.
(3:12 PM) desertone: not now
(3:12 PM) tomthetrader: Thanks Michael
(3:13 PM) tomthetrader: D1 keep it a small % of total portfolio
(3:13 PM) tomthetrader: or just take a small loss or put a stop .10 cents back
redliontrader: NYSE: 70 D1:133% D5:49%
(3:13 PM) desertone: Let me reload my keyboard needs juice
(3:13 PM) tomthetrader: OK
(3:14 PM) desertone: Better
(3:14 PM) desertone: It was so slow
(3:15 PM) *** pupster has left the room ***
(3:15 PM) tomthetrader: Market feels like it wants to rally HARD
(3:15 PM) desertone: Yest at the close the puts had profit closed @ 4.... today they stayed even flat
(3:15 PM) tomthetrader: GS going to HOD
(3:16 PM) derr11: Tom,what is the target for QCOM ?
(3:16 PM) TTTMichael: Tom, I was on the phone and missed your last comment.
(3:16 PM) tomthetrader: D1 I would only keep them to protect a long portfolio if you have 20-100K long
(3:16 PM) tomthetrader: QCOM 64.50
(3:16 PM) tomthetrader: JNK TIP ?
(3:17 PM) desertone: I did buy GS Oct 125 calls for 35.85 i always like to buy close to paarity
(3:17 PM) tomthetrader: Michael ...ideas ? ZTR HYB USA have done well for you ?
(3:17 PM) tomthetrader: Good
(3:17 PM) tomthetrader: Good
(3:17 PM) TTTMichael: 2 day RSI on JNK is 4.97, generally a buy area for a swing trade.
(3:18 PM) desertone: Thanks tom I agree !!
redliontrader: 10dayh-l: -850
(3:21 PM) *** pupster has joined the room ***
(3:21 PM) eman11: No Fill
(3:21 PM) ajayvee: not even close
(3:21 PM) tomthetrader: 100.77 High
redliontrader: no..
(3:21 PM) hibuck2: SPY 99.59 - 100.77
redliontrader: UNP at HOD
(3:22 PM) ctmhou: What about HAL for a short term long play?
(3:22 PM) tomthetrader: OIH calls
(3:23 PM) ctmhou: Gotcha
(3:23 PM) tomthetrader: HAL is OK
(3:23 PM) tomthetrader: or again VLO
(3:23 PM) *** CreativeEd has joined the room ***
(3:26 PM) tomthetrader: CAL HPQ QCOM CSCO PM GS NKE UNP CELG MRK VLO IR
(3:29 PM) *** CreativeEd has left the room ***
redliontrader: NYSE: 71 D1:129% D5:45%
(3:35 PM) ajayvee: Naz A/D +500 Vol +2.2:1
(3:36 PM) ajayvee: NYSE A/D +1220 Vol +3.6:1
(3:36 PM) *** rekon8 has joined the room ***
(3:36 PM) ajayvee: RUT A/D +360 Vol +2.2:1
(3:36 PM) ajayvee: All U.S. A/D +1850 Vol +2.6:1
(3:36 PM) hibuck2: covered QID
(3:39 PM) tomthetrader: I am Bullish
(3:40 PM) dhmohan1963: past weekend China announced that State Owned Enterprises (SOEs) will be allowed to default on commodity derivative contracts
(3:40 PM) tomthetrader: QLD just now breaking out
(3:40 PM) dhmohan1963: what does that mean to big banks
(3:40 PM) tomthetrader: could be not good
(3:41 PM) tomthetrader: Bullish
(3:43 PM) tomthetrader: 36.22 25% in traders TNA ...we will try it out stop quick at 35.99
redliontrader: filled .25
(3:45 PM) ajayvee: already got in at 35.70
(3:45 PM) eman11: filled .25 also
(3:45 PM) tomthetrader: AJ !\
(3:45 PM) *** csu30 has left the room ***
(3:46 PM) ajayvee: I told you 20 minutes ago!!!
(3:46 PM) ajayvee: I got the same stop though 35.99
(3:46 PM) *** csu30 has joined the room ***
redliontrader: 10dayh-l: -818
(3:47 PM) *** thomas_Poland has left the room ***
(3:50 PM) *** RTim3718 has joined the room ***
(3:50 PM) desertone: Well Now that I am holding plenty of puts we are going to soar!!!!!!!!!!!!!
(3:50 PM) tomthetrader: actually I said I was bullish when the market turned - ...so I am the rock star ..
(3:50 PM) tomthetrader: D 1 we gave you good advice !
(3:51 PM) tomthetrader: (3:14 PM) desertone: It was so slow
tomthetrader: Market feels like it wants to rally HARD
(3:51 PM) desertone: Well U R the Star!! We did not have enough light when U were gone !!!!
(3:52 PM) tomthetrader: tomthetrader: D1 keep it a small % of total portfolio
tomthetrader: or just take a small loss or put a stop .10 cents back
(3:52 PM) tomthetrader: That is why I am here...to save portfolios
(3:53 PM) tomthetrader: stop all positions that have gains at BREAK EVEN
(3:53 PM) desertone: My hedge is very small Tom )
(3:53 PM) tomthetrader: REPEAT STOP ALL POSITIONS WITH GAINS AT BREAK EVEN
(3:53 PM) tomthetrader: SELL ALL CALLS NOW
(3:53 PM) tomthetrader: sell all Call options Here
(3:55 PM) tomthetrader: sold 9.30 on GPYJL
(3:55 PM) tomthetrader: out of GPY JL at 9.30
(3:56 PM) tomthetrader: QCOM last position sold at 45.09 down to 10%
(3:57 PM) tomthetrader: 36.55 sold TNA
(3:58 PM) tomthetrader: out of TNA 36.55
(3:58 PM) *** jbljudy has joined the room ***
(3:59 PM) tomthetrader: sell VLO at the close or 18.15
(4:00 PM) desertone: I don't understand why sell all calls.... I got out of my Oct GS 125 Calls +2.10 out @ 37.95
(4:01 PM) desertone: Sold QLD 44.54 +0.14 ....
(4:02 PM) *** jbljudy has left the room ***
redliontrader: my wife just brought me an ice cream.. hang on
(4:02 PM) desertone: I did buy Gs oct 165 at 9.95 puts
redliontrader: NYSE: 76 D1:111% D5:42%
(4:03 PM) dhmohan1963: tom r u expecting a big down day tomorrow
redliontrader: our NH indicator moved into the buy zone
(4:03 PM) tomthetrader: No
(4:03 PM) desertone: I went against my intuition Tom I will have you know....
(4:03 PM) *** tcb66 has left the room ***
(4:04 PM) tomthetrader: I am sure of 1 thing ...we will swing wildly
(4:04 PM) tomthetrader: from 8:20--8:40am
(4:04 PM) tomthetrader: and from 9:30 - 9:45 am
redliontrader: just another day..
(4:05 PM) *** jbljudy has joined the room ***
(4:05 PM) ajayvee: thank you very much!
(4:06 PM) eman11: FYI portfolio is up to date.
redliontrader: eric.. u the man!
(4:06 PM) *** TTTMichael has left the room ***
(4:06 PM) ajayvee: oh yes, my trades are much better than yours
redliontrader: did that spy trigger?
(4:06 PM) ajayvee: SPY did not trigger
redliontrader: no.. is the spy order still in place?
(4:07 PM) eman11: Yes I did, Sold them at the close
redliontrader: ur timing was perfect
(4:09 PM) *** pupster has left the room ***
(4:10 PM) ajayvee: no
(4:10 PM) tomthetrader: Nope
(4:10 PM) tomthetrader: bad Omen ?
redliontrader: Closed 3.8k today
(4:11 PM) ajayvee: bears aren't sure....bulls aren't sure
(4:12 PM) *** rekon8 has left the room ***
(4:14 PM) ajayvee: I'm always here.....what a life
(4:15 PM) ajayvee: thanks tom for all you do! glad you were able to hit a few today.
(4:16 PM) *** thefish102 has left the room ***
(4:20 PM) ajayvee: the volume should be very light tomorrow do to the holiday
(4:20 PM) ajayvee: making for more erratic swings
(4:22 PM) *** pointfisher has left the room ***
(4:22 PM) tomthetrader: Yes ..it will make for the most volatile since last year ...I am quite sure we will move 200 point range tomorrow ..maybe by the open !
(4:23 PM) tomthetrader: Look at IR
(4:23 PM) dhmohan1963: up or down
(4:23 PM) tomthetrader: it was straight up ...Love IR
(4:23 PM) tomthetrader: all over DH
(4:23 PM) tomthetrader: probably end down late tomorrow after being up and down
(4:24 PM) ajayvee: should be a fun trading day!
(4:24 PM) tomthetrader: pretty decent drop after hours
(4:24 PM) tomthetrader: Crazy
(4:24 PM) tomthetrader: if you feel lucky buy some futures tonight long and hold ?
(4:24 PM) *** desertone has left the room ***
(4:27 PM) ajayvee: do you have a buy limit in mind?
(4:28 PM) tomthetrader: last night was 989
(4:28 PM) tomthetrader: now I have no ideqa
(4:28 PM) tomthetrader: idea
(4:29 PM) tomthetrader: if I wasn't so TIGHT we would have had 10 ES long
(4:29 PM) tomthetrader: 992
(4:29 PM) tomthetrader: -1003
(4:29 PM) tomthetrader: and party time take friday off ?
(4:31 PM) *** derr11 has left the room ***
(4:33 PM) tomthetrader: EDZ back to 9 handle
(4:37 PM) ajayvee: EDZ was down yesterday when markets down and then down today with markets up. What gives?
(4:44 PM) tomthetrader: ugly
(4:59 PM) Alert: Is Pres Obama trying to brainwash our children with his address to school kids next week? That story NOW on News Talk Online in the Radio/TV Section [Free Video]
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