TomTheTrader .: (7/2/2010 08:24) TNA and UPRO we will sell at 8:25 AM here 50% UPRO Main and 10% TNA IRA both 3-4x ETF's we will sell
TomTheTrader .: (08:24) we will take the following prices in the portfolios
TomTheTrader .: (08:25) 36.21 TNA
TomTheTrader .: (08:26) 114.10 UPRO
TomTheTrader .: (08:27) again out of the 3-4X ETF's before the Jobs data all stops are in and we will use futures to play today
TomTheTrader .: (08:36) we will buy the TF 25% long in MINI at 603.00
TomTheTrader .: (08:36) add 25% TF here at 602.00
TomTheTrader .: (08:36) MINI
TomTheTrader .: (08:37) add 25% TF long at limit 600 in mini stop all TF MINI at 594
TomTheTrader .: (08:38) Traders will go long 50% in ESU10 at 1019.00
TomTheTrader .: (08:45) we currently should be long 50% in MINI TF and 50% Long ESU10 in Traders
TomTheTrader .: (08:45) stops now at break even
TomTheTrader .: (09:02) Rate of unemployment lowest since last year 9.5%
TomTheTrader .: (09:04) -125K total worse than concensus
TomTheTrader .: (09:05) But better than whisper
TomTheTrader .: (09:05) services up 91 K Government lost 200K +
TomTheTrader .: (09:06) Factory orders
TomTheTrader .: (09:09) of the 10 weakest job reports the markets opened higher 9-10
TomTheTrader .: (09:09) avg 1.41%
TomTheTrader .: (09:10) low of the day before or at 11:00am and the highs at 2pm or later
TomTheTrader .: (09:11) when you add in the pre 4th over post war the odds of a higher SPX than yesterdays close today at 4pm is nearly 93.8%
TomTheTrader .: (09:12) right before I take the mic we will go back to cash in MINI and Traders and reenter with nice gains on the 3-4x ETF's and on the futures
TomTheTrader .: (09:13) sell here in traders 1024.00
TomTheTrader .: (09:13) now in cash Traders
TomTheTrader .: (09:13) sell TF in MINI 606
TomTheTrader .: (09:30) now cash in MINI
TomTheTrader .: (09:30) and traders
TomTheTrader .: (09:31) and Main
TomTheTrader .: (09:31) IRA is long
TomTheTrader .: (09:31) we will reenter our longs in all three areas this morning
TomTheTrader .: (09:31) Traders will add 50% long in ESU10 here at 1023.50
TomTheTrader .: (09:32) MINI will add 50% at 1024.00 .50
TomTheTrader .: (09:33) Main fund will add SSO 50% here at 32.19
TomTheTrader .: (09:45) MINI will add 50% more at 1025.00 here
TomTheTrader .: (09:49) Traders will add 50% more ESU10 at 1024.00
TomTheTrader .: (09:50) our stops on all positions ESU10 is 1009.50
TomTheTrader .: (09:50) MINI and TRADERS
TomTheTrader .: (09:56) UPRO 112.74 add 10% IRA
TomTheTrader .: (10:05) 31.80 we will add 50% to Main SSO added to main 31.80
TomTheTrader .: (10:25) BOTTOM LINE ALL HISTORICAL EVIDENCE SAYS IF THE JOBS REPORTBEATS AND MARKET OPENS UP SELL
TomTheTrader .: (10:25) IF THE JOBS REPORT IS WEAK AND MARKET OPENS DOWN BUY for short day-3 day trade
TomTheTrader .: (10:28) WMB 17.96 added 10% to IRA
TomTheTrader .: (10:40) All of the above work is based on action from 11am to 4pm and i personally cannot honestly say if we opened up or down ?
TomTheTrader .: (14:16) UWM 25.20 20% long in IRA stop 23.50
RedlionTrader : (15:54) no
RedlionTrader : (16:02) I will review the tape and update the portfolios over the weekend..
RedlionTrader : (16:02) if google fixes the servers
RedlionTrader : (16:11) Traders stopped out at 1017
RedlionTrader : (16:13) I lost the time stamp on the stop move but it was there.. it has scrolled off the screen..
