TomTheTrader .: (5/4/2010 07:54) Got a strange message on the way in ?
Joanie ,: (07:55) Yes, I had to wait for permission
TomTheTrader .: (07:55) anyway we will stop TZA at break 5.60
TomTheTrader .: (08:27) we will sell 50% stake in TZA at.5.70 to lock in profits and we will raise the stop on 50% to 5 .65 now at 8:30 am this will leave us room to trade the futures
TomTheTrader .: (08:28) we will buy some short TF futures to replace 50% TZA sold from 5.55 -5.70
TomTheTrader .: (08:32) A break below 1180 will likely lead to a 30 handle loss in ES so I am in some short futures ...we will see how cash opens here
TomTheTrader .: (09:02) selling our Other 50% TZA at 5.74 100% cash for trading
TomTheTrader .: (09:03) again we sold 50% at 5.70 and 50% for 5.74 and looking to use the futures markets now or 3-4x etf shorts on rallies
TomTheTrader .: (09:05) we are 100% cash in Traders now
TomTheTrader .: (09:36) we will add 2 units long ES here at 1181.00stop 1179.00
TomTheTrader .: (09:36) reverse those 2 longs at 1179.00
TomTheTrader .: (09:40) we are short 2 now stop 1184.00
TomTheTrader .: (09:41) Lost $200 now short 2 ES at 1179.00 stop 1184.00
TomTheTrader .: (09:42) cover our 2 short and go to cash here
TomTheTrader .: (09:42) cover 2 short at 1179.00 and we will see
TomTheTrader .: (10:02) short 4 ES here at 1181.00
TomTheTrader .: (10:04) stop 4 ES here at 1182.50
TomTheTrader .: (10:04) stop Break even now
TomTheTrader .: (10:04) cover shorts now
TomTheTrader .: (10:04) 1179.00
TomTheTrader .: (10:05) picked up 8 points short $400
TomTheTrader .: (10:35) short 8 at 1179.00
TomTheTrader .: (10:35) stop 8ES 1179
TomTheTrader .: (10:38) stop 8 ES 1176.50
TomTheTrader .: (10:38) stop 8 ES at 1175.00
TomTheTrader .: (10:38) stop 8ES at 1174.50
TomTheTrader .: (10:38) cover 8ES at 1173,50
TomTheTrader .: (10:38) Out to cash 8 S
TomTheTrader .: (10:39) 8 ES
TomTheTrader .: (10:39) Flat
TomTheTrader .: (10:39) What a ride
TomTheTrader .: (10:39) The break of 1180 cash was a Trigger as I said ...amazing cliff dive
TomTheTrader .: (10:47) Long 4 ES now from 1172.50 for a day trade
TomTheTrader .: (10:48) stop 1172.00 4 ES long
TomTheTrader .: (10:54) stop now at break even 4 Es long at 1172.50 we will cover now at 1174.50 with nice gains
TomTheTrader .: (10:54) * quick long points here
TomTheTrader .: (11:00) we will go long 2 ES at 1170.00 limit
TomTheTrader .: (11:00) now long 2 ES
TomTheTrader .: (11:00) 1170.00
TomTheTrader .: (11:02) now 4 ES long at 1170.00 stop 1166
TomTheTrader .: (11:05) adding 2 es long at 1168.00 limit for 6 long drop stops now at 1165.00
TomTheTrader .: (11:05) actually we will take the stops off now
TomTheTrader .: (11:05) until 3Pm
TomTheTrader .: (11:07) avg price of our longs 1169.25 area no stops for now
TomTheTrader .: (11:17) stop 6 long ES now at 1168.50
TomTheTrader .: (11:19) Taking off 6 ES with profts here sell 6 long ES at 1171.00
TomTheTrader .: (11:20) ^ES long we will take our profits and move on
TomTheTrader .: (11:22) we will add SSO 100% here
TomTheTrader .: (11:23) 42,34 stop 42.75
TomTheTrader .: (11:23) again long SSO in Traders 100% from 42.34 and stop SSO here at 42.75
TomTheTrader .: (11:24) stop 41.75
TomTheTrader .: (11:35) 41.98 stops now on SSO
TomTheTrader .: (11:50) stops bumpeed up to 42.25
TomTheTrader .: (11:50) again stops on 100% long SSO are bumped up to 42.25 we may take profits here quickly
TomTheTrader .: (11:51) 42.40 limit to sell 50% long SSO
TomTheTrader .: (11:52) sold 50% long SSO here at 42.40
TomTheTrader .: (11:52) will stop the 50% rest at brek even 42.34
TomTheTrader .: (11:52) stopped out ..now 100% cash
TomTheTrader .: (12:03) e will buy 4 ES long here at 1172.00 4 long tradrs ES 1172.00
TomTheTrader .: (12:03) stop 1168.00
TomTheTrader .: (12:08) adding 4 more ES at 1170.50
TomTheTrader .: (12:08) stil stop 8 ES long at 1168.00 unless we pull the stops
TomTheTrader .: (12:09) 40% net long in traders
TomTheTrader .: (12:12) Take off all stops here :we will replace stops at 1:56pm and may add long ES on another panic selloff
TomTheTrader .: (12:22) we will add 4 ES here at 1168.00 to get 12 long or 60% long ES futures
TomTheTrader .: (12:22) Now 12 units long ES June Futures
TomTheTrader .: (12:23) 1168-1172 avg prices 1171 ish
TomTheTrader .: (12:24) adding 2 ES long 1166.00 14 nits long now
TomTheTrader .: (12:24) Units
TomTheTrader .: (12:25) 1166-1172 ES we are at Joanie's lows
TomTheTrader .: (12:25) 70% ;ong Traders via ES futures
TomTheTrader .: (12:31) 2 es profits in from 1166 -1168
TomTheTrader .: (12:32) now 12 long lock in +200
TomTheTrader .: (12:33) 4 ES from 1168 lock in profits 1169
TomTheTrader .: (12:33) +200
TomTheTrader .: (12:33) 10 units long stops back in 1164.00
TomTheTrader .: (12:34) * units long
TomTheTrader .: (12:34) 8
TomTheTrader .: (12:34) ES long
TomTheTrader .: (12:34) or 40%
TomTheTrader .: (12:40) 1170.00 we will take off 4 at break even
TomTheTrader .: (12:41) now 4 long ES 20% long traders sold 4 at break even here 1170.00 4 left 1172.00 stop 1168.00
TomTheTrader .: (12:43) we will add DRYS 10% IRA at 5.71
TomTheTrader .: (12:43) before earnings
TomTheTrader .: (12:44) Just their cash is worth 5.00 DRYS
TomTheTrader .: (12:49) stop 4 Es long at 1171.00
TomTheTrader .: (12:50) cover 4 ES 1172.00
TomTheTrader .: (12:50) Traders is now FLAT 100% cash ...double check to make sure we are 100% cash
TomTheTrader .: (13:08) HPQ we will add 10% long 50.75 limit
TomTheTrader .: (13:09) Long HPQ from 50.75
TomTheTrader .: (13:09) 10%
TomTheTrader .: (13:09) IRA
TomTheTrader .: (13:10) limit qcom 10 per cent 37.35
TomTheTrader .: (13:10) ira
TomTheTrader .: (13:12) filled
TomTheTrader .: (13:12) wmb long 23.25 10 per cent long limit
TomTheTrader .: (13:20) we will accept 10% IRA long WMB here at 23.32
TomTheTrader .: (13:21) and try to add 1 more to IRA
TomTheTrader .: (13:21) NUE we will add to the IRA 10 % at lmit of ....
TomTheTrader .: (13:24) 100% long in IRA so we will go 20% long NUE in Main fund
TomTheTrader .: (13:36) 44.74 in NUe
TomTheTrader .: (13:37) from 13:24 NUE long 20% main
TomTheTrader .: (13:37) as we chatted
TomTheTrader .: (13:37) I did not push the NUE button !
TomTheTrader .: (13:38) CSCO we will add 20% long in main 26.50
TomTheTrader .: (13:51) biib added 20 per cent to main here at 52.30
TomTheTrader .: (14:15) long 1 unit of YM at 10873 no stops
TomTheTrader .: (14:16) Traders will add another at 10860 limit
TomTheTrader .: (14:17) so if hit we will be 2 YM long in the traders account 10% long
TomTheTrader .: (14:18) we are 2 YM long now in traders no stops til tomorrow at 11:00am
TomTheTrader .: (14:21) hit my limit on WMB !
TomTheTrader .: (14:21) Patience is a virtue !
TomTheTrader .: (14:48) add 2 Es long here at 1167.50
TomTheTrader .: (14:50) 20% long Traders
TomTheTrader .: (14:52) taking a quick profit on 2 ES longhere at 1169.00
TomTheTrader .: (14:52) +150
TomTheTrader .: (15:12) we will take profits on everything profitable here
TomTheTrader .: (15:13) QCOM NUE CSCO BIIB
TomTheTrader .: (15:14) qcom 37.63 sold
TomTheTrader .: (15:14) NUE 45.06
TomTheTrader .: (15:15) CSCO 26.61
TomTheTrader .: (15:15) BIIB 52.38
TomTheTrader .: (15:19) YM long cover here
TomTheTrader .: (15:19) 10878
TomTheTrader .: (15:25) wmb
TomTheTrader .: (15:25) sold
TomTheTrader .: (15:25) 23.42
TomTheTrader .: (15:55) HPQ we will sell here too
TomTheTrader .: (15:56) 50.71
TomTheTrader .: (16:00) 5.76 we will sell DRYS
TomTheTrader .: (16:00) take our cash and reenter
TomTheTrader .: (16:00) sold DRYS at 5.76 will reenter tomorrow
TomTheTrader .: (20:04) TTT Traders will go long 4 ES at 1168.00
TomTheTrader .: (22:35) Stop 4 ES at 1167.50
