TomTheTrader .: (10/20/2010 09:44) 20% position in QID in Main 13.42
TomTheTrader .: (09:45) again main fund will buy the 2x short tech etf at 13.42
TomTheTrader .: (09:45) Traders ES short 25% atm
TomTheTrader .: (09:47) 1170.00 filled stop at 1180.00 for now
TomTheTrader .: (09:49) Traders out at the market or 1169.00 for a 1.00 point gain
TomTheTrader .: (09:55) Cash in Traders now looking to reshort
CathyC . 2: (10:04) long 695.8 for a scalp
CathyC . 2: (10:07) long from 696. out half at 698
TomTheTrader .: (10:13) stops on MEE now moved to 38.75 in IRA Massey energy takeover play
CathyC . 2: (10:13) long 695.5
TomTheTrader .: (10:18) MEE we will sell off at 38.92 IRA out of Massey with a 5% gain
TomTheTrader .: (10:19) Take the money and run 5% in MEE
CathyC . 2: (10:22) exit long at break even
TomTheTrader .: (10:32) 1169.50 short 25% more of a longer term trade not a scalp like trade 1
CathyC . 2: (10:32) short tf 698.7
CathyC . 2: (10:34) stop 700.5
CathyC . 2: (10:45) stopped out at 700.5
TomTheTrader .: (10:57) we were stopped out of our VXX position this morning in the portfolios at 14.33
TomTheTrader .: (11:02) 25% short 1173.00 ESZ10 now 50% short 1-5 days
TomTheTrader .: (11:08) 118.70 we would turn outright bullish
TomTheTrader .: (11:08) SPY
TomTheTrader .: (11:08) until then this is a HIGH risk market
TomTheTrader .: (11:08) we are 90% + cash
TomTheTrader .: (11:13) 1173.00 exit break even portfolio Traders just 25% short 75% cash
TomTheTrader .: (11:13) we will get stopped on our 25% short = 118.70 cash on SPY
CathyC . 2: (11:55) short tf 703.5
TomTheTrader .: (11:56) adding 20 long TZA here in the Main at 22.45
TomTheTrader .: (11:56) @0%
TomTheTrader .: (11:56) 20%
TomTheTrader .: (11:56) Long the 3x short RUT in Main
TomTheTrader .: (11:56) so we will add to the shorts in the 5-30 day window
CathyC . 2: (11:57) stop 704.5
CathyC . 2: (12:03) stop is at 703.8 feel free to go to break even.
CathyC . 2: (12:04) stopped at 703.8
CathyC . 2: (12:14) short tf 703.8
TomTheTrader .: (12:20) 118.34 on Spy right where we were yesterday !
CathyC . 2: (12:25) exit at break even
TomTheTrader .: (12:37) 13.22 QID 10% added to main again at 13.22
TomTheTrader .: (12:38) Now 50% short in the Main 5-30 days 10% long Ira and 25% short Traders ...cash in MINI
CathyC . 2: (12:50) limit order long tf 703
CathyC . 2: (12:53) long from 703.8
CathyC . 2: (12:57) stop is at 701.8
TomTheTrader .: (13:58) 118.11 SPY as we rollover a bit
CathyC . 2: (14:06) tf long exited at 702 and short
TomTheTrader .: (14:07) 118.05 SPY
CathyC . 2: (14:20) stop 704
CathyC . 2: (14:31) stopped. 704
TomTheTrader .: (14:35) 1179.00 short 25% ESZ10 Traders
TomTheTrader .: (14:42) we will take a quick 1 point profit to log in a win here
TomTheTrader .: (14:42) cover 25% short with 1 point gain
TomTheTrader .: (14:42) 1178.00
TomTheTrader .: (14:42) ESZ10
TomTheTrader .: (14:43) now 25% short traders
TomTheTrader .: (15:48) 1177.00 ESZ10 short 25% into close 5 day trade target 1160.00 stop out 118.70 SPY
TomTheTrader .: (15:52) 1175.25
TomTheTrader .: (15:53) we will take the money
TomTheTrader .: (15:53) and go to 25% short In traders
TomTheTrader .: (15:53) 1.75 points on 4 contracts
