TomTheTrader ..: (12/20/2010 14:02) we may make 20-22?
TomTheTrader ..: (14:02) 1300 By Jan 8th ?
TomTheTrader ..: (14:02) easy
Michael ..: (14:03) G- It should and hope it retests and goes higher
Glenn: (14:04) pull back # 89.30
RedlionTrader : (14:04) shorting 1244
Glenn: (14:05) go oil go
aj ..: (14:05) 8 days left
aj ..: (14:05) New Years eve
aj ..: (14:06) Market open
aj ..: (14:06) ES 800K
Michael ..: (14:06) out RB @ 2.3620 fr 2.3474
Glenn: (14:07) looking at 89.80 oil
Glenn: (14:07) still in stop to 89.35
EUBIE: (14:08) locals shorting the 1244.-1244.50's
Michael ..: (14:09) out 1/2 HO @ 2.5121 fr 2.4985
Jesse ..: (14:09) still 25% from 777.1
Michael ..: (14:10) great color commentary from Tom.
Bruce ..: (14:10) The bear missed the train and now he's walking...
Jesse ..: (14:10) moving stop to 782.1
TomTheTrader ..: (14:12) 1300SPX is getting very esy to see
TomTheTrader ..: (14:13) EZ'
paulp ..: (14:13) big turn apound on TBT today
jaycee ..: (14:14) should be getting out of any of the bearish positions in the portfolios?
TomTheTrader ..: (14:14) SPY 125.25 automatic exit from all shorts
jaycee ..: (14:14) ty
TomTheTrader ..: (14:15) YW
Michael ..: (14:15) oil hit 89.47
TomTheTrader ..: (14:17) .22 equity only put call a ALL time record!!!!!
TomTheTrader ..: (14:18) 1300 SPX New years eve on this pace
Glenn: (14:21) one more last push in th eoil pit close
Glenn: (14:21) oil
Glenn: (14:22) break 89.56 then off to 89.80
Glenn: (14:22) lets see what the crooks do here
Glenn: (14:22) then after oil pit closes 2:30 its off to crooks hour in the ES
Michael ..: (14:25) heating oil selling off of high close. short HO
RedlionTrader : (14:25) eatimh a hot dpg hang on
Tyra ..: (14:25) why do you feel it's weird today, Tom?
Tyra ..: (14:27) ok, thanks...
Tyra ..: (14:29) oh, man... sold early, but got scared out... was big mistake... then got long and lost money... then got a little freaked and didn't buy again, when I should have... boy... really gets me unsettled when I do stuff like that...
Michael ..: (14:31) NYMEX call-out closed; cvrd HO @ 2.3609
TomTheTrader ..: (14:32) http://bit.ly/eRap3m
Sean: (14:32) algos dont get holiday breaks???????
Michael ..: (14:36) oil should see support at 89.20
paulp ..: (14:36) looks like they are starting to put some real premium into DRI calls
paulp ..: (14:37) stock is 30 cents lower than this morning and calls are the same
TomTheTrader ..: (14:38) Possible short on JPM
Jesse ..: (14:40) trying to find a driver for a printer, anyone know a good site?
paulp ..: (14:40) JPM earning 1/14
Jesse ..: (14:40) manufacturers site is convoluted and impossible to navigate
TomTheTrader ..: (14:43) JPM Options Alert FEB 41.00 Puts
EUBIE: (14:44) FYI today's MCH + 6.10 DIV get you 1251..targets met
TomTheTrader ..: (14:48) TY
Sean: (14:48) http://bit.ly/gMqPzh depressingly true
Bruce ..: (14:50) Thx for the post Sean
berniectx ..: (14:51) great article Sean can we beat the machines?
Jay22 ..: (14:52) they do nothing? i thought they surf porn while on the job
Bruce ..: (14:52) TTT vs The Machines
Tyra ..: (14:53) boondoggle...
aj ..: (14:59) looking
aj ..: (15:00) what is the CRB? found dozens
Sean: (15:04) das boot?
Glenn: (15:04) CROOKS HOUR
Owen ..: (15:06) Stop Cathy ?
RedlionTrader : (15:08) out 1/2 ES 1243 from 1244
CathyC .: (15:12) is that your tv tom?
Tyra ..: (15:12) what kind of printer do you have, Jesse?
Glenn: (15:12) so you believe JPM going lower Tom??
Owen ..: (15:13) Grow'em high
Glenn: (15:13) food should be going up in 2011
RedlionTrader : (15:13) I have put/call volume at a.2
RedlionTrader : (15:14) 7/20
RedlionTrader : (15:14) 12/21/09
CathyC . 2: (15:14) mute button on
Jesse ..: (15:16) i got the printer working
Jesse ..: (15:16) but its only working in black and white
Jesse ..: (15:16) very frustrating
Jesse ..: (15:18) its an oki 6100
Sean: (15:19) Cathy vs the Bots?
Tyra ..: (15:20) go get em, Cathy!
paulp ..: (15:21) DRI Jan 50 calls almost double vol. to O/I
Tyra ..: (15:25) y
Sean: (15:27) Wicked low....what state are you from RED?
Ernie ..: (15:28) Where is your stop on this one Cathy?
Sean: (15:28) i have put on some PISSAH trades today too
paulp ..: (15:31) Liverpool has close to 2 feet of snow
paulp ..: (15:31) all the football matches were cancelled
Glenn: (15:31) It rains beer in irekand
paulp ..: (15:31) actually Heathrow has planes frozen to the tarmac
comet: (15:33) Tom, why do you like JPM sort?
Glenn: (15:33) was that JPM?
Glenn: (15:33) was that the option you where talking about?
TomTheTrader ..: (15:35) JPM FEB 41 puts
TomTheTrader ..: (15:35) .jpm/11n19/41.00
RedlionTrader : (15:38) out ES 1244.25 from 1244 short
Bruce ..: (15:39) Tom, will you hold the DRI calls into earnings tonight?
berniectx ..: (15:40) has anyone in the room ever used Nirvana system charting they keep sending me emails??
berniectx ..: (15:40) this room is Nirvana to me
RedlionTrader : (15:42) no I have what is on the charts
Glenn: (15:42) red not ed LOL
Glenn: (15:43) lol
berniectx ..: (15:46) cold there Red?
Glenn: (15:46) Red you need to get a annual service plan
Glenn: (15:46) Dam kids
Sean: (15:46) what a night
Glenn: (15:47) LOL
Yves ..: (15:47) stopped
Ernie ..: (15:47) stopped at 81.2
Glenn: (15:47) I wanted cash up front but he wanted to give me 4 es points
Glenn: (15:47) yes
Glenn: (15:49) Red teach your kids how to read the oil meter
Bruce ..: (15:52) Interesting ES prediction tracker: http://www.nailtheclose.com/
Glenn: (15:52) The only guru;s I know is the TTT team
Glenn: (15:53) jpm below 40
paulp ..: (15:53) yes
Ernie ..: (15:53) yes
Bruce ..: (15:53) First time I've seen it so don't know its record
Jay22 ..: (15:53) almost right away
TomS ..: (15:55) I bought JPM puts filled 2.23
TomTheTrader ..: (15:55) TY
Tyra ..: (15:55) unlike Tom...
comet: (15:57) States are supposed to run balanced budgets
TomTheTrader ..: (15:57) stopped
aj ..: (15:58) TBT took a round-trip today
Bruce ..: (16:00) Its a small sample as well
Teresa ..: (16:00) Tom, my main pc died... I may get a MAC... thoughts on a mac verses pc ?
Teresa ..: (16:01) for trading ??
EUBIE: (16:02) 1242 SPX CASH CLOSE ~$124.55 approx 4PM print
Teresa ..: (16:02) I will check it out.. I was going to BEST BUY ...
Glenn: (16:06) Payroll
eman11 .: (16:06) Does this consolidation here at 1235-1240 for the last week help move the indicator more from overbought to neutral - thanks
Glenn: (16:08) Red: i think you need to be in QMG in oil
RedlionTrader : (16:14) yes.. as a hedge
Bruce ..: (16:15) This website has DRI reporting at 10pm tonight http://www.dailyfinance.com/event/darden-restaurants-inc/dri/nys
Bruce ..: (16:16) Great, thx
Bruce ..: (16:18) yes, but not well!
Bruce ..: (16:19) Same here
Bruce ..: (16:19) I got demoted then got pulled back in again
Bruce ..: (16:19) Soon, I'll be on double secret probation
paulp ..: (16:20) 48000 after hours
TomS ..: (16:20) well a good day I'll see you tomorrow
TomTheTrader ..: (16:21) TY
paulp ..: (16:21) just popped again but no vol with it
paulp ..: (16:22) Jan 50
TomTheTrader ..: (16:27) 2 sells 12 neutrals
Bruce ..: (16:27) here!
paulp ..: (16:28) yep
Bruce ..: (16:29) Home
paulp ..: (16:29) home
Bruce ..: (16:29) No relatives here either
paulp ..: (16:30) both daughters home from Washington
Bruce ..: (16:32) yuck
Bruce ..: (16:33) they got sum splaining to do
paulp ..: (16:33) no vol
paulp ..: (16:33) 78000
paulp ..: (16:34) yep
Bruce ..: (16:34) thx T
paulp ..: (16:34) night
TomTheTrader ..: (16:34) Thanks Guys
Bruce ..: (16:43) DRI 0.54 v 0.54
TomTheTrader ..: (17:26) TY
TomTheTrader ..: (17:40) $dri down 3% after reporting inline quarter; announced it will buy back 25 mln common shares; reaffirms 2011
TomTheTrader ..: (17:41) http://yfrog.com/h6cnmp
aj ..: (17:41) we must be in that bizzarro world where good is bad and vice versa!
TomTheTrader ..: (17:41) http://on.wsj.com/ifs2uK
TomTheTrader ..: (17:41) Might wait til conference call
TomTheTrader ..: (17:42) it also ran up pretty well ...might get a upgrade tomorrow or WED
TomTheTrader ..: (17:42) DRI
TomTheTrader ..: (19:46) No one here RED ?
TomTheTrader ..: (19:46) must bea problem ?
TomTheTrader ..: (19:47) some splainin to do /
TomTheTrader ..: (19:47) DX jumped at the last minute /
aj ..: (19:52) the room was closed. just finally able to get in
TomTheTrader ..: (19:53) Oh boy...Red must be mad at us ???
RedlionTrader : (19:54) I had to reset the room
RedlionTrader : (19:54) should be ok now
TomTheTrader ..: (19:56) TY
TomTheTrader ..: (19:58) any news tonight tomorrow ????
TomTheTrader ..: (19:58) I have been off my game
TomTheTrader ..: (19:59) I typically CRASH by Thanksgiving....I am lucky to survive year end
TomTheTrader ..: (19:59) this is a stressed out nutty life
RedlionTrader : (20:00) 11:30 Japan all activity indicator
TomTheTrader ..: (20:01) short TF 779.00
TomTheTrader ..: (20:01) any US biggies this week or china ?
aj ..: (20:03) Wed and Thu has a lot of US reports
TomTheTrader ..: (20:04) anything BIG
aj ..: (20:04) GDP on Wed
TomTheTrader ..: (20:05) new or old ?
TomTheTrader ..: (20:05) revised
aj ..: (20:06) FInal 3Qtr?
TomTheTrader ..: (20:07) Dollar crash ?
TomTheTrader ..: (20:08) ES take off soon ?
TomTheTrader ..: (20:11) Dollar ????
TomTheTrader ..: (20:11) anyone ?
TomTheTrader ..: (20:11) any ideas ?
TomTheTrader ..: (20:11) long EC ?
TomTheTrader ..: (20:11) Long OIL >?
aj ..: (20:15) but 4 that count! :-)
aj ..: (20:26) I have planted bugs already :-)
Michael ..: (20:29) ... howdy gents; long Euro looking good.
Michael ..: (20:29) (I have audio turned off"
aj ..: (20:30) but he was selling QLD so he was getting the money
RedlionTrader : (20:34) long dx 80.675
aj ..: (20:34) g'nite red
Bruce: (20:35) A watched DX never boils
RedlionTrader : (20:35) nite ag
RedlionTrader : (20:35) yes bruce
Michael ..: (21:06) Out 1/2 CL @ 89.69 fr 89.39
TomTheTrader ..: (21:37) new ES Highs but not TF or NQ ?
Michael ..: (21:40) ES/SPY is laggard, right? DJtransports>Nas>Russell>S&P
TomTheTrader ..: (21:41) Right
Michael ..: (21:44) ..someone had charts up the other day and predicted this same scenario; all indices beside SPY had moved well above their 200ma, but not the SPX.
Michael ..: (21:47) ..maybe another sign things are getting a bit long in the tooth.
Sean: (22:01) china saves the euro....
aj ..: (22:05) Korea markets hit 38-month high
TomTheTrader ..: (22:32) Chinse intervention ?
TomTheTrader ..: (22:35) stopped on DX longs from 80.64
TomTheTrader ..: (22:50) why is Red getting O/B in ES ?
TomTheTrader ..: (22:51) all night ?
Michael ..: (22:54) looks like it's charted in 1min candles?
Michael ..: (22:55) ...maybe the short time-frme produces an overbought condition.
TomTheTrader ..: (22:57) We will have to ask ...I don't have any of my short term oscillators overbought at all yet ...but it takes volume too so right now we wil see at 9:45 am