TomTheTrader .: (4/23/2010 10:12) Will short 2 TF here at 736.70
TomTheTrader .: (10:14) stop 738.50
TomTheTrader .: (10:16) LOOK at CASH SPX not able to get the extra .08 cents as sellers at 1214.00 ....this is what we need to see a strong selling binge at every attempt 1214
TomTheTrader .: (10:26) we will take profots 735.30 here out of 2
TomTheTrader .: (10:26) profits
TomTheTrader .: (12:12) SPX cash 1214.00 stil our Key for a close below and a down week next week to set up a short term buying opp ...we will stick to the idea the Bulls are holding serve but one wrong move could get a down week next week
TomTheTrader .: (12:37) GLW 10% Long into next week in IRA
TomTheTrader .: (12:37) at average prices
TomTheTrader .: (12:39) 20.61 current we want avg price into close so try to buy in pieces if stock goes lower
TomTheTrader .: (12:39) you can also substitute the GLW june ITM calls
TomTheTrader .: (12:41) also we will add TBT calls into Traders
TomTheTrader .: (12:42) TBT Calls into Traders 20% long TBT
TomTheTrader .: (12:43) SEPT 48.00 calls at 2.70
TomTheTrader .: (12:43) and we will add 10% long IRA
TomTheTrader .: (12:43) one more position
TomTheTrader .: (12:43) sorta illiquid but will try
TomTheTrader .: (12:44) PST added here i IRA
TomTheTrader .: (12:44) PST price ...please try to get here or lower
TomTheTrader .: (12:45) 50.92
TomTheTrader .: (12:46) is best price and lower so try to get these 3 positions at the best you can there is no hurry and I hope to get you in at a price that you can add to on weakness or on strength
TomTheTrader .: (12:50) 3.75% -3.82% we are shorting bonds
TomTheTrader .: (12:52) Also look at DRYS calls again Jan 5.00 calls
TomTheTrader .: (12:52) Have a great weekend !!!!