TomTheTrader .: (5/13/2010 09:19) we will take 2 TF short and take 2 ES shrt
TomTheTrader .: (09:20) QID we will go 75% long in the Traders acc't
TomTheTrader .: (09:21) QID fill at the market
TomTheTrader .: (09:22) 1172-1173 SPX cash
TomTheTrader .: (09:22) 713.10 ish TF
TomTheTrader .: (09:22) 1968.00 NQ
TomTheTrader .: (09:22) 1167.00 ES
TomTheTrader .: (09:23) MINI 100% short
TomTheTrader .: (09:23) and the Traders 100% short
TomTheTrader .: (09:23) using futures and 2-3 times ETF
TomTheTrader .: (09:23) s
TomTheTrader .: (09:24) we will add 10% TZA to IRA
TomTheTrader .: (09:25) NQ short also
TomTheTrader .: (09:35) stops on everything at break even
RedlionTrader : (09:36) -2 tf short 713.50 in mini
RedlionTrader : (09:36) -2 es short 1167.50 mini
RedlionTrader : (09:36) QID 75% short Traders @ 16.15
RedlionTrader : (09:38) S sold IR at 4.30 and replace with TZA at 5.66
RedlionTrader : (10:47) Out QCOM at 38.60
RedlionTrader : (10:47) from IRA
TomTheTrader .: (11:23) we will go 4 ES short here
TomTheTrader .: (11:24) 1169.25
TomTheTrader .: (11:24) IN Mini
TomTheTrader .: (11:25) In traders we will enter TZA 50% long and add 2 TF short
TomTheTrader .: (11:25) we want to get back to 100% short in MINI and TRADERS
TomTheTrader .: (11:33) EVERYONE OK >..please double check the portfolios and ask questions
TomTheTrader .: (11:33) I am quite sure we will have a decent sized selloff in here
TomTheTrader .: (11:34) so we have to Take profits like I am sure you all did on the selloff this a.m. ?
TomTheTrader .: (11:34) I hope you did ...please give us some feedback on your positions and thoughts
TomTheTrader .: (11:34) Thank you ...this team can't operate w/o some give and take
TomTheTrader .: (11:35) Looking forward to hearing your ideas from e-mail or private IM or out in the chat
TomTheTrader .: (11:36) want to get this more of a TEAM atmosphere it brings out the best in my personal trading ability and will help us all make short term money
TomTheTrader .: (11:36) I am extremely bearish short term and Bullish long term
TomTheTrader .: (11:36) the only piece of the puzzle missin gfor a Perfect storm is a 1-3 day selloff
TomTheTrader .: (11:37) we need that to set up a longer term rally
TomTheTrader .: (11:37) so if you want to wait for the BUY or can short either way we had good gains this A.m. in the short futures and now we should get another shot short
TomTheTrader .: (11:38) Again ...the model portfolio is just that an ideal for my thoughts ...I shorted several times from higher levels and still think we can sell all rallies
TomTheTrader .: (11:39) This market should / could break down hard
TomTheTrader .: (11:39) Gold should selloff with oil too
TomTheTrader .: (11:39) if you want to use 2x short gold
TomTheTrader .: (11:58) We wanted to be short we have had 2 waves down each should have been taken profits and reentered and money should be made
TomTheTrader .: (11:58) Stops ETF's at break even
TomTheTrader .: (11:58) on all ETF's stops at break even
TomTheTrader .: (11:59) our futures we need to lock in
TomTheTrader .: (11:59) ES 1162 a good place to exit and look for a reentry
TomTheTrader .: (12:06) IRA we will take our profits TZA 5.71
TomTheTrader .: (12:07) That is not valid
TomTheTrader .: (12:07) we are at 5.68 now so let's try to get
TomTheTrader .: (12:07) 5.71 on TZA
TomTheTrader .: (12:18) and let's try to get 5.71 here on TZA
TomTheTrader .: (12:18) lock in those profits
TomTheTrader .: (12:19) sorry I thought TZA was in IRA ...Main
TomTheTrader .: (12:26) MINI 2 short ES 1166.00
TomTheTrader .: (12:26) stop 1171.00
TomTheTrader .: (12:26) should be in OK
TomTheTrader .: (12:46) we will add 2 short ES on the next move up at 1168.00 so we will be 4 short e-mini account at limit 1168
TomTheTrader .: (13:14) we will add at the market here make sure we get 100% Short via MINI
TomTheTrader .: (13:19) Reenter QID in traders 100% or full short
TomTheTrader .: (13:19) we want to be FULL 100% short in Traders and MINI
TomTheTrader .: (13:20) with stops =to 1175 cash
TomTheTrader .: (13:25) Main fund we will add the rest TZA here
TomTheTrader .: (13:25) 5.64
TomTheTrader .: (13:26) so main added a ton of TZA
TomTheTrader .: (13:26) at 5.64
TomTheTrader .: (13:27) 5.64
TomTheTrader .: (13:28) anyone else TZA?
TomTheTrader .: (13:30) will add 2 more ES short at 1169.00 limit to MINI
TomTheTrader .: (13:31) we are now 6ES Short on this rally
TomTheTrader .: (13:33) 1172.50 stop on 6 ES short to be safe
TomTheTrader .: (13:36) For safety in my and the model portfolio I am taking the stops off all short positions ...I am pretty sure this rally will end badly
TomTheTrader .: (13:57) VERY CRITICAL JUNCTURE HERE
TomTheTrader .: (14:29) we will cover 2 from 1169
TomTheTrader .: (14:29) 1167
TomTheTrader .: (14:31) $200 profit ?
TomTheTrader .: (14:31) still have 4 for overnight
TomTheTrader .: (14:34) stops on all winning positions at break even now
TomTheTrader .: (14:35) QID in Trders sell QID at 16.25
TomTheTrader .: (14:36) TZA largest position sell here at 5.71 limit
TomTheTrader .: (14:36) everything else stop at break even please
TomTheTrader .: (14:37) 2 more ES @ 1166.50 covered
TomTheTrader .: (14:46) cover last 2 ES here 1165.00
TomTheTrader .: (14:47) MINI should be cash
TomTheTrader .: (14:48) filled at 1165.00
TomTheTrader .: (14:51) we will go 100 long in SDS in traders at the market
TomTheTrader .: (14:51) 30.48
TomTheTrader .: (14:52) stop 30.45
TomTheTrader .: (14:52) 30.35
TomTheTrader .: (14:52) sorry
TomTheTrader .: (14:52) Long 100% traders SDS
TomTheTrader .: (14:52) filled 30.48 stop 30.35
TomTheTrader .: (14:58) SDS we will take profits on limit 30.55
TomTheTrader .: (14:58) stop at 30.49
TomTheTrader .: (15:00) sorry 30.39 stops !
TomTheTrader .: (15:00) limit to sell 100% SDS at 30.57 Now
TomTheTrader .: (15:01) SDS BOX 30.39 - 30.57
TomTheTrader .: (15:02) Take stops off SDS please
TomTheTrader .: (15:04) TZA in Main take profits at limit 5.75
TomTheTrader .: (15:05) SDS as our Main SHORT 100% in Traders
TomTheTrader .: (15:09) TZA 5.75 filled
TomTheTrader .: (15:12) sds take all of it off at 30.65
TomTheTrader .: (15:28) we can sell SDS at 30.73 if you have some still
TomTheTrader .: (15:29) we will be all cash
TomTheTrader .: (15:29) MINI all cash
TomTheTrader .: (15:29) Traders all cash
TomTheTrader .: (15:29) MAin 27% short Bonds 73% cash
TomTheTrader .: (15:30) IRA 80% Long
TomTheTrader .: (15:40) Double check our portfolios for any mistakes we may take a few positions into the close
TomTheTrader .: (15:45) 1158.50 1 ES short in mini
TomTheTrader .: (15:46) stop 1161.50
TomTheTrader .: (15:46) add one if it gets hit limit 1158.50
TomTheTrader .: (15:46) now 2 short
TomTheTrader .: (15:46) adding 1 short 1160.00
TomTheTrader .: (15:46) limit
TomTheTrader .: (15:47) now 2 ES short
TomTheTrader .: (15:52) 3 short ES now
TomTheTrader .: (15:52) will add the max on the next rally for our MINI account
TomTheTrader .: (15:53) add 1 more ES short 1161.00 stop all 1164.50
TomTheTrader .: (15:57) cover all ES here at 1156.50
TomTheTrader .: (15:57) cover all ES 1156.50
TomTheTrader .: (16:07) May want to check in at 8pm we may be here
TomTheTrader .: (16:08) TY