Find out what I am buying ...join today ..you would not believe the returns we have gotten in these stocksand ETF's !
Tom
24/7
Join today !
Tuesday, April 28, 2009
Monday, April 27, 2009
WHY MEMBERS ARE LOYAL AND PASSIONATE WE GET THE TRADES EVERY DAY
Hi ,
We sent a lot of e-mails this weekend and don't have a lot to say ! The scares of the flu hit the world overnight but again it is more resilient than many think possible with 1% losses going into the opens.
The FXP and DAX short positions we like so well are working out as China has been down for several days running and DAX is very overvalued. Oil is looking to give back gains and as we said in the weekend comments we are looking to add to long positions by May 1st but want to be careful here .
Please let me know if there is anything I can do and I will keep you updated all day and week long as we still believe we are in a trading range from now a high in the 875 area SPX and a low in the 810 area.
Looking forward to a Great week with you and keep these ETF's in mind
SRS
FAZ
SKF
ERY
TZA
SMN
BGZ
MZZ
All should perform well for 5-10 days
Tom
TTT
850-329-6745
tomandprisha@msn.com
Investing Made Easy !!!
We sent a lot of e-mails this weekend and don't have a lot to say ! The scares of the flu hit the world overnight but again it is more resilient than many think possible with 1% losses going into the opens.
The FXP and DAX short positions we like so well are working out as China has been down for several days running and DAX is very overvalued. Oil is looking to give back gains and as we said in the weekend comments we are looking to add to long positions by May 1st but want to be careful here .
Please let me know if there is anything I can do and I will keep you updated all day and week long as we still believe we are in a trading range from now a high in the 875 area SPX and a low in the 810 area.
Looking forward to a Great week with you and keep these ETF's in mind
SRS
FAZ
SKF
ERY
TZA
SMN
BGZ
MZZ
All should perform well for 5-10 days
Tom
TTT
850-329-6745
tomandprisha@msn.com
Investing Made Easy !!!
Sunday, April 26, 2009
TTT READY TO CORRECT AND MOVE ON IN BULL MARKET
The most common definition of a bull market is a move of +20% or more in the major indices that lasts at least three months. With the S&P up an even +28% from its March 9th ( and my ZUPI now up 41%) ! closing low, the bulls have put together a historic run that, with the passage of time and a fair amount of hindsight, will likely be declared a new bull market. You know that I was the 1st to declare it and even looking to my calls in October in November one could make a case that MOST STOCKS BOTTOMED THERE.
To be clear, we are not suggesting that we are embarking on a massive move in the stock market that is likely to last many years. No, as I've been saying, we're calling this a "mini" bull during which we could see gains on the order of +65% or so over a period of 5 to 12 months before the bears are able mount another challenge.
In order to dispel the suggestion that we're simply pulling numbers out of the sky, remember that the expectations I am putting on this "mini" bull are derived from the results of the previous "mini" bull markets that occurred within monster bear markets. And while the sample size of such events isn't large, we'd much rather use history as our guide here than try to make it up as we go along.
As we pointed out in my daily e-mails, history shows that there have been five other occurrences of mini bull markets that occurred during secular bear markets. The stats from the Tim Hayes Jason Goepfert and many computers show that the average gain during these markets was +65.3% and that the mean duration of the move was just under a year. It is also interesting to note that the shortest move took place over five months, while the longest mini bull ran for five years. Again as I have been pointing out we are looking for 60-100% in 18 months with 95% probability.
Thus, the first point I would like to make this weekend is that I believe we've got a new "mini" bull on our hands and that we should play the game accordingly.
While there is a fair amount of disagreement over whether or not this is indeed a new bull market, just about everyone trading stocks these days will agree on one thing - the market is due for a correction that lasts more than a day or two.
Since we can argue that the stock market tends to move in a manner that often confounds the masses, we might want to consider that the assumption that stocks must correct - and soon - might be a little too obvious right now. However, putting that argument aside, we will also agree that stocks "should" pull back in the near term.
The bears will argue that such a pullback will represent the first step in their return to glory. And like Monday's nasty dive, it is likely that any corrective action will "feel bad" on an emotional level.
However, the big point to this weekend's missive is that the upcoming correction is NOT to be feared. Instead, investors should welcome any pullback in prices as an opportunity to become more invested.
Let's keep in mind that corrections are a normal part of the investing game and that during normal times, we see corrections of -5% to -10% at least a few times a year. Many 1-3% in less than 40 VIX and many 2-5% in higher VIX.But with the pain of the bear market still fresh in investor's minds, we can understand that there aren't many people actually hoping for a dip in stock prices these days.
However, history shows that the corrections at this stage of the game are likely to be far less painful than during normal times.
If we look at the largest corrections that have occurred within the 34 bull markets since 1900, we see that the declines in the DJIA have averaged -10.97% and lasted an average of 38 days. To which, most investors would say, "no thank you."
But, but, but. if we narrow the focus a bit and attempt to identify markets that are similar to what we are experiencing now, the story is MUCH different. Thanks to the stellar analysts at Ned Davis Research, we see that there have been seven "mini" bull markets that occurred within secular bear markets. During those seven bull markets, the average decline for the biggest correction occurring during the first three months was about 20% less than normal times or -8.9%. So my targets given AT THE START OF THIS BULL ARE STILL VALID. 666 SPX we were leveraged long for and we have sold before every EVERY correction and have BOUGHT EVERY DIP ! I am proud of this record.
And as they say on T.V., "But wait, there's more."
One of the indicators that helps us make the argument that we've got a new bull market on our hands is something called a breadth surge. To digress briefly, a breadth thrust occurs when the 10-day total of advancing stocks (as measured by stock-only advance/decline data - NOT the data provided by the NYSE, which includes all kinds of bond funds and non-operating companies) exceeds declining stocks by nearly 2-to-1. In short, history shows that since 1947 a breadth surge buy signal has meant results for the S&P 500 that are at least double the norm over the next 1, 3, 6, and 12 months.
The reason I continually bring this up is a breadth surge signal up ( Because I took part in creating the parameters with Dr.Zweig ) also means that corrections within the first three and six months of a new bull market tend to be significantly less intense. And the good news is that we saw a breadth surge signal on March 23rd. That Date was the completion of our ALL CLEAR signal and as you can see in our FINVIZ portfolios...the section entitled BUYS OF A LIFETIME truly proves all we have told you plus the section where we BOUGHT WELL AFTER IS UP 20% since early April accounting for dividends in a account.
For example, of the 28 breadth surge buy signals that have occurred since mid-1947, there was only one instance of a correction exceeding -10% within the first three months of a new bull market.
In fact, during the first three months of a new "mini" bull market when a breadth surge buy signal has been given, the maximum correction has averaged just -4.0%! And over the first six months, the maximum correction has averaged only -6.0%.
The Bottom Line: Corrections that occur during the first three months of a new "mini" bull market that has been accompanied by a breadth surge signal have been FAR less painful than normal (-4% vs. -11%) and should be viewed as buying opportunities and NOT reasons to sell. Which is why it is so important to not fall for the doom and gloom and I am a TRADER , I play the highest odds...buy and hold produces but Trading makes you wealthy ...we will buy this coming correction that will most likely be scary enough to get the Bears on board but when it looks the worst ..just look at TTT Hedge Fund portfolio and we will be 100% IRA 100% Main Fund and leveraged long in futures options and 2-3x ETF's as out TTT Buy signal will deliver again and again in this NEW BULL MARKET !
For those whom have not replied to this e-mail by Monday midnight you will be removed from the mailing list as I consolidate paid members from non paid and trials from real. My trading is going to help us all in the coming months and I really only want those involved who will be passionate about our business and professional about the consequences. A lifetime of work goes into these messages and I hope you will stay with me on the this coming ride !
TRADERS short 10% - 25% 1-5 Days Bearish
Main Fund 5-30 Days 10% Short Neutral
IRA 30-180 Days So much cash ready to buy beginning May 1st !!!!
Tom
Remember please reply to 1 od 3 e-mails I have sent ...if you have replied to one you are IN
If no replies by Monday all it takes is a 10 second e-mail and I will confirm your payment.
My very best to you and yours !
I am here 24/7 for you !
TTT
850-329-6745
tomandprisha@msn.com
Investing Made Easy !!!
To be clear, we are not suggesting that we are embarking on a massive move in the stock market that is likely to last many years. No, as I've been saying, we're calling this a "mini" bull during which we could see gains on the order of +65% or so over a period of 5 to 12 months before the bears are able mount another challenge.
In order to dispel the suggestion that we're simply pulling numbers out of the sky, remember that the expectations I am putting on this "mini" bull are derived from the results of the previous "mini" bull markets that occurred within monster bear markets. And while the sample size of such events isn't large, we'd much rather use history as our guide here than try to make it up as we go along.
As we pointed out in my daily e-mails, history shows that there have been five other occurrences of mini bull markets that occurred during secular bear markets. The stats from the Tim Hayes Jason Goepfert and many computers show that the average gain during these markets was +65.3% and that the mean duration of the move was just under a year. It is also interesting to note that the shortest move took place over five months, while the longest mini bull ran for five years. Again as I have been pointing out we are looking for 60-100% in 18 months with 95% probability.
Thus, the first point I would like to make this weekend is that I believe we've got a new "mini" bull on our hands and that we should play the game accordingly.
While there is a fair amount of disagreement over whether or not this is indeed a new bull market, just about everyone trading stocks these days will agree on one thing - the market is due for a correction that lasts more than a day or two.
Since we can argue that the stock market tends to move in a manner that often confounds the masses, we might want to consider that the assumption that stocks must correct - and soon - might be a little too obvious right now. However, putting that argument aside, we will also agree that stocks "should" pull back in the near term.
The bears will argue that such a pullback will represent the first step in their return to glory. And like Monday's nasty dive, it is likely that any corrective action will "feel bad" on an emotional level.
However, the big point to this weekend's missive is that the upcoming correction is NOT to be feared. Instead, investors should welcome any pullback in prices as an opportunity to become more invested.
Let's keep in mind that corrections are a normal part of the investing game and that during normal times, we see corrections of -5% to -10% at least a few times a year. Many 1-3% in less than 40 VIX and many 2-5% in higher VIX.But with the pain of the bear market still fresh in investor's minds, we can understand that there aren't many people actually hoping for a dip in stock prices these days.
However, history shows that the corrections at this stage of the game are likely to be far less painful than during normal times.
If we look at the largest corrections that have occurred within the 34 bull markets since 1900, we see that the declines in the DJIA have averaged -10.97% and lasted an average of 38 days. To which, most investors would say, "no thank you."
But, but, but. if we narrow the focus a bit and attempt to identify markets that are similar to what we are experiencing now, the story is MUCH different. Thanks to the stellar analysts at Ned Davis Research, we see that there have been seven "mini" bull markets that occurred within secular bear markets. During those seven bull markets, the average decline for the biggest correction occurring during the first three months was about 20% less than normal times or -8.9%. So my targets given AT THE START OF THIS BULL ARE STILL VALID. 666 SPX we were leveraged long for and we have sold before every EVERY correction and have BOUGHT EVERY DIP ! I am proud of this record.
And as they say on T.V., "But wait, there's more."
One of the indicators that helps us make the argument that we've got a new bull market on our hands is something called a breadth surge. To digress briefly, a breadth thrust occurs when the 10-day total of advancing stocks (as measured by stock-only advance/decline data - NOT the data provided by the NYSE, which includes all kinds of bond funds and non-operating companies) exceeds declining stocks by nearly 2-to-1. In short, history shows that since 1947 a breadth surge buy signal has meant results for the S&P 500 that are at least double the norm over the next 1, 3, 6, and 12 months.
The reason I continually bring this up is a breadth surge signal up ( Because I took part in creating the parameters with Dr.Zweig ) also means that corrections within the first three and six months of a new bull market tend to be significantly less intense. And the good news is that we saw a breadth surge signal on March 23rd. That Date was the completion of our ALL CLEAR signal and as you can see in our FINVIZ portfolios...the section entitled BUYS OF A LIFETIME truly proves all we have told you plus the section where we BOUGHT WELL AFTER IS UP 20% since early April accounting for dividends in a account.
For example, of the 28 breadth surge buy signals that have occurred since mid-1947, there was only one instance of a correction exceeding -10% within the first three months of a new bull market.
In fact, during the first three months of a new "mini" bull market when a breadth surge buy signal has been given, the maximum correction has averaged just -4.0%! And over the first six months, the maximum correction has averaged only -6.0%.
The Bottom Line: Corrections that occur during the first three months of a new "mini" bull market that has been accompanied by a breadth surge signal have been FAR less painful than normal (-4% vs. -11%) and should be viewed as buying opportunities and NOT reasons to sell. Which is why it is so important to not fall for the doom and gloom and I am a TRADER , I play the highest odds...buy and hold produces but Trading makes you wealthy ...we will buy this coming correction that will most likely be scary enough to get the Bears on board but when it looks the worst ..just look at TTT Hedge Fund portfolio and we will be 100% IRA 100% Main Fund and leveraged long in futures options and 2-3x ETF's as out TTT Buy signal will deliver again and again in this NEW BULL MARKET !
For those whom have not replied to this e-mail by Monday midnight you will be removed from the mailing list as I consolidate paid members from non paid and trials from real. My trading is going to help us all in the coming months and I really only want those involved who will be passionate about our business and professional about the consequences. A lifetime of work goes into these messages and I hope you will stay with me on the this coming ride !
TRADERS short 10% - 25% 1-5 Days Bearish
Main Fund 5-30 Days 10% Short Neutral
IRA 30-180 Days So much cash ready to buy beginning May 1st !!!!
Tom
Remember please reply to 1 od 3 e-mails I have sent ...if you have replied to one you are IN
If no replies by Monday all it takes is a 10 second e-mail and I will confirm your payment.
My very best to you and yours !
I am here 24/7 for you !
TTT
850-329-6745
tomandprisha@msn.com
Investing Made Easy !!!
Saturday, April 25, 2009
TWITTER.COM TOMANDPRISHA HELPS IN A FAST MARKET
What are you doing?
140
Latest: The Wall of worry strength begets strength don't fight the FED don't fight the Tape ...all good sayings for the bears to listen too ! half a minute ago
Home
tomandprishaThe Wall of worry strength begets strength don't fight the FED don't fight the Tape ...all good sayings for the bears to listen too !
half a minute ago from web
tomandprishaNo doubt about it now ...a correction next week...why everyone has been wrong and why this rally has lasted 7 weeks Momentum is back ZWEIG
3 minutes ago from web
steenbab7:39 AM CT - Latest blog post looks at how we can track significant buying and selling in stocks: http://rurl.org/1iuj
about 3 hours ago from web
steenbab6:32 AM CT - Fannie burning taxpayer dollars to postpone a day of reckoning? http://rurl.org/1iug
about 4 hours ago from web
steenbab6:29 AM CT - Return to recession in 2010-2011? http://rurl.org/1iuf
about 4 hours ago from web
steenbab6:22 AM CT - Which banks might not look so good on the stress test results: http://rurl.org/1iue
about 4 hours ago from web
steenbab6:20 AM CT - Training is the ultimate performance enhancer: http://rurl.org/1iud
about 4 hours ago from web
steenbab9:08 PM CT - A bigger housing crash ahead and other fine updated links: http://rurl.org/nwp
about 13 hours ago from web
steenbab9:06 PM CT - Why housing isn't coming back and other good reading to start the weekend: http://rurl.org/1itx
about 13 hours ago from web
steenbab9:04 PM CT - Editor's reading picks at NewsFlashr: http://rurl.org/1itw
about 13 hours ago from web
steenbab9:02 PM CT - Has the Taliban overreached in Pakistan? http://rurl.org/1itv
about 13 hours ago from web
steenbab5:38 PM CT - Whew! What a market ride. The latest blog post looks at why volatility is getting more volatile: http://rurl.org/1itp
about 17 hours ago from web
tomandprishaTTT Hedge Fund we expect a major correction over the coming weeks ....join us to find out the positions short ttthedgefund.blogspot.com
about 17 hours ago from web
tomandprisha@sentimentrader Hi Jason , Want to delve deeper into the Zweig 10 days of 2-1 up and the massive rally we have had since the signal 666-875
about 18 hours ago from web in reply to sentimentrader
WhatsTradingSPDR S&P Retail (XRT) $27.00 +2.35%: SPDR Retail Trust (XRT) is up 65 cents to $27.03 and options volume is run.. http://tinyurl.com/cruzvt
about 19 hours ago from twitterfeed
sentimentraderHmmm...large specs in NDX e-mini futures at their most net long since October 2007.
about 19 hours ago from twhirl
WhatsTradingFree trial offer. 14 Days Free + 30-page book on Trading Options. http://whatstrading.com/14-... $$
about 19 hours ago from web
tomandprishaRemember 1981 ?
about 20 hours ago from web
tomandprishaMarket is showing some definite PauLVolcker BULL tendicies ..NO ONE EXPECTED THIS
about 20 hours ago from web
tomandprishaYou know how many people will tell you I told you so or I was 100% long !!!!!!! Gotta love this market
140
Latest: The Wall of worry strength begets strength don't fight the FED don't fight the Tape ...all good sayings for the bears to listen too ! half a minute ago
Home
tomandprishaThe Wall of worry strength begets strength don't fight the FED don't fight the Tape ...all good sayings for the bears to listen too !
half a minute ago from web
tomandprishaNo doubt about it now ...a correction next week...why everyone has been wrong and why this rally has lasted 7 weeks Momentum is back ZWEIG
3 minutes ago from web
steenbab7:39 AM CT - Latest blog post looks at how we can track significant buying and selling in stocks: http://rurl.org/1iuj
about 3 hours ago from web
steenbab6:32 AM CT - Fannie burning taxpayer dollars to postpone a day of reckoning? http://rurl.org/1iug
about 4 hours ago from web
steenbab6:29 AM CT - Return to recession in 2010-2011? http://rurl.org/1iuf
about 4 hours ago from web
steenbab6:22 AM CT - Which banks might not look so good on the stress test results: http://rurl.org/1iue
about 4 hours ago from web
steenbab6:20 AM CT - Training is the ultimate performance enhancer: http://rurl.org/1iud
about 4 hours ago from web
steenbab9:08 PM CT - A bigger housing crash ahead and other fine updated links: http://rurl.org/nwp
about 13 hours ago from web
steenbab9:06 PM CT - Why housing isn't coming back and other good reading to start the weekend: http://rurl.org/1itx
about 13 hours ago from web
steenbab9:04 PM CT - Editor's reading picks at NewsFlashr: http://rurl.org/1itw
about 13 hours ago from web
steenbab9:02 PM CT - Has the Taliban overreached in Pakistan? http://rurl.org/1itv
about 13 hours ago from web
steenbab5:38 PM CT - Whew! What a market ride. The latest blog post looks at why volatility is getting more volatile: http://rurl.org/1itp
about 17 hours ago from web
tomandprishaTTT Hedge Fund we expect a major correction over the coming weeks ....join us to find out the positions short ttthedgefund.blogspot.com
about 17 hours ago from web
tomandprisha@sentimentrader Hi Jason , Want to delve deeper into the Zweig 10 days of 2-1 up and the massive rally we have had since the signal 666-875
about 18 hours ago from web in reply to sentimentrader
WhatsTradingSPDR S&P Retail (XRT) $27.00 +2.35%: SPDR Retail Trust (XRT) is up 65 cents to $27.03 and options volume is run.. http://tinyurl.com/cruzvt
about 19 hours ago from twitterfeed
sentimentraderHmmm...large specs in NDX e-mini futures at their most net long since October 2007.
about 19 hours ago from twhirl
WhatsTradingFree trial offer. 14 Days Free + 30-page book on Trading Options. http://whatstrading.com/14-... $$
about 19 hours ago from web
tomandprishaRemember 1981 ?
about 20 hours ago from web
tomandprishaMarket is showing some definite PauLVolcker BULL tendicies ..NO ONE EXPECTED THIS
about 20 hours ago from web
tomandprishaYou know how many people will tell you I told you so or I was 100% long !!!!!!! Gotta love this market
Wednesday, April 22, 2009
TTT GRABS TZA TO PROFIT
normally when we have trouble
tomthetrader: again this is a MEMBERS ONLY AREA please be couteous and leave
tomthetrader: HELENE needs to be right soon !
tomthetrader: Been way too bearish way too long ?
(2:57 PM) berniectx: out of short BE
tomthetrader: need her to turn this around ..she is the best technician out there
tomthetrader: Bernie ...BULL ?
(2:58 PM) berniectx: pretty strong move but think tomorrow down??
(2:58 PM) JR Roden: I took a small short at 33.48 as the banks were rolling over.
tomthetrader: HBAN
tomthetrader: from penny stock to hero
tomthetrader: JR ?
tomthetrader: Q's ?
tomthetrader: 33.50 ?
tomthetrader: baqnks rolling again ...MS ?
(3:03 PM) JR Roden: Between today and last week, I think this is the 4th try at 33.50. I wouldn't be surprised to see 33.50 break after Aapl tomorrow.
(3:03 PM) nimesh_: hate being involved with nasdaq
(3:04 PM) nimesh_: too many big earnings
(3:04 PM) nimesh_: JR, to the upside?
(3:13 PM) nimesh_: TF is nuts
(3:13 PM) nimesh_: new high
tomthetrader: TF broke out here 480
tomthetrader: buying TZA 25% position
tomthetrader: Buying TZA to go 50% short in traders
(3:17 PM) berniectx: done for the day exhausted see ya all tomorrow be careful
tomthetrader: Bernie ...BULL MARKETS ARE FUN FOR BULLS !
(3:18 PM) berniectx: traded numerous times today BE so OK with that no losses
(3:19 PM) Fulkdaddy: Tommy Tu-tone calls it again here????
(3:20 PM) Fulkdaddy: If that was the top, I think you top ticked it on the 50% TF short
(3:21 PM) Fulkdaddy: TLT at the bottom of its channel
(3:22 PM) Fulkdaddy: MACD running out of steam on the daily ES...shows the bulls are getting tire
(3:22 PM) Fulkdaddy: tired
(3:22 PM) Fulkdaddy: NQ as well
(3:23 PM) Fulkdaddy: rally came up to the bottom of the broken wedge to kiss the wedge goodbye
(3:24 PM) pupster: Fulk...that's the way it looks right now
(3:25 PM) pupster: anyone with an A/D line..?
(3:36 PM) TTTMichael: 2109 to 957
(3:37 PM) pupster: great
(3:38 PM) Harrod_t: Great call on TAZ. It's wild!!
(3:41 PM) Fulkdaddy: He is the best short-term trader on the planet
(3:50 PM) JR Roden: y
(3:50 PM) Fulkdaddy: y
(3:50 PM) pupster: y
(3:51 PM) TTTMichael: y
(3:51 PM) westy322: y
(3:51 PM) TTTMichael: DXD
(3:51 PM) JR Roden: That was a crazy day w/DJI going positive & negative all day long
(3:51 PM) desertone: I got in TWM @ 52.72
tomthetrader: Dave !
tomthetrader: We got one
(3:53 PM) billb_t: and TTT is no slouch in bed either!
(3:55 PM) desertone: Night Tom
tomthetrader: TTT Out ...look for updates
tomthetrader: Nice comments to TTT
tomthetrader: so I can post !
(3:56 PM) DE_TTT: Awesome work, Tom...as always! Amazing timing
(3:56 PM) DE_TTT: I went from long to hedged in the blink of an eye...kept my gains!
(3:57 PM) nimesh_: what a fall
(4:00 PM) Fulkdaddy: -3% in 50 minutes.
(4:00 PM) Fulkdaddy: reminds me of September
(4:03 PM) DE_TTT: NTGR blows it out...VMW not so much
(4:03 PM) DE_TTT: VMW VMware prelim $0.25 vs $0.20 First Call consensus; revs $470 mln vs $474.38 mln First Call consensus
(4:03 PM) DE_TTT: VMW VMW sees second quarter revenues flat, or even down, compared to the second quarter of 2008; consensus is for ~6% sequential rev growth
(4:06 PM) DE_TTT: VMW sees second quarter revenues flat, or even down, compared to the second quarter of 2008; consensus is for ~9% YoY rev growth -Update-
(4:06 PM) DE_TTT: VMW sees second quarter revenues flat, or even down, compared to the second quarter of 2008; consensus is for ~9% YoY rev growth -Update-
(4:06 PM) DE_TTT: F5 Networks prelim $0.38 vs $0.38 First Call consensus; revs $154.1 mln vs $154.13 mln First Call consensus
(4:06 PM) DE_TTT: F5 Networks sees Q3 $0.35-0.38 vs $0.37 First Call consensus; sees revs $148-157 mln vs $154.91 mln First Call consensus
(4:07 PM) DE_TTT: Novellus prelim ($0.47) vs ($0.51) First Call consensus; revs $98.9 mln vs $101.69 mln First Call consensus
(4:09 PM) DE_TTT: TriQuint Semi misses by $0.02, beats on revs; guides Q2 EPS above consensus, revs above consensus (3.59 -0.02)
(4:09 PM) DE_TTT: Lam Research misses by $0.05, reports revs in-line (25.96 +0.61)
(4:10 PM) nimesh_: wow, the tankage contines
tomthetrader: Futures fall
tomthetrader: AAPL ?
(4:14 PM) DE_TTT: ISIL Intersil sees Q2 GAAP $(0.01)-0.03, may not be comparable to $0.05 First Call consensus; sees revs $123-132 mln vs $114.34 mln First Call consensus
tomthetrader: 33.50 -32.50 quickly
(4:15 PM) JR Roden: May 34 QQQQ puts sold 1.48 - 2.01 from 2:46 til 4:10.
(4:16 PM) DE_TTT: AAPL usu around 4:30pm
(4:16 PM) DE_TTT: EBAY eBay prelim $0.39 vs $0.34 First Call consensus; revs $2.02 bln vs $1.94 bln First Call consensus
(4:17 PM) DE_TTT: EBAY eBay sees Q2 $0.34-0.36 vs $0.35 First Call consensus; sees revs $1.85-2.05 bln vs $1.98 bln First Call consensus
(4:18 PM) Nick_H_SanDiego: Denise Yamada has another webcast right now:
(4:18 PM) Nick_H_SanDiego: https://profunds.webex.com/mw0305l//mywebex/default.do?siteurl=profunds
(4:20 PM) nimesh_: who just reported, q's jumpe up
(4:20 PM) nimesh_: 20 cents from low
(4:21 PM) DE_TTT: QCOM delays earnings report until next week but will meet or exceed estimates. Waiting for BRCM settlement.
(4:21 PM) nimesh_: aapl the big one left
(4:22 PM) DE_TTT: Qualcomm reschedules earnings release on conference call due to advanced settlement discussions with Broadcom regarding a global settlement
(4:22 PM) nimesh_: if rimm did well, i don't see how aapl did not
(4:22 PM) DE_TTT: Revenue and operating income for the second quarter of fiscal 2009, excluding the potential impact of the Broadcom agreement, met or exceeded prior guidance.
(4:22 PM) DE_TTT: XLNX Xilinx prelim $0.26 vs $0.18 First Call consensus; revs $395.0 mln vs $383.09 mln First Call consensus
(4:22 PM) DE_TTT: XLNX Xilinx sees FY09 revs (4%) to +4% or roughly $1.76-1.91 bln vs $1.81 bln First Call consensus
(4:24 PM) DE_TTT: XLNX Xilinx sees Q1 revs -4% to +4% sequentially or roughly $379.2-410.8 mln vs 376.5 mln consensus
(4:26 PM) DE_TTT: CMG Chipotle Mexican Grill beats by $0.23, misses on revs; reaffirms FY09 comps guidance (85.50 +4.51)
(4:28 PM) nimesh_: wow, earnings bonanza today
(4:29 PM) DE_TTT: More of the same tomorrow.
(4:30 PM) DE_TTT: AAPL Apple prelim $1.33 vs $1.09 First Call consensus; revs $8.16 bln vs $7.96 bln First Call consensus
(4:31 PM) Alert: ====SECURITY BULLETIN!=======
Using utilites from third parties such as button holders, remote typers, etc ... are at risk of having their passwords stolen!
Many of these utilities contain trojans that report your nickname and password to the program's creator. We encourage everyone to change their password reguarly, and to uncheck the save password checkbox on the login screen.
If you do this, you will have to enter your password every time you log in, but it is a small price to pay to keep your account and password protected.
tomthetrader: AAPL Always trounces
tomthetrader: 125.00
(4:33 PM) DE_TTT: AAPL Apple sees Q3 $0.95-1.00 vs $1.12 First Call consensus; sees revs $7.7-7.9 bln vs $8.28 bln First Call consensus
(4:33 PM) DE_TTT: ^^^^^And always guides light!^^^^^
(4:33 PM) DE_TTT: always
(4:34 PM) redliontrader: red sox 10, twins 1
(4:34 PM) DE_TTT: "Apple's financial condition remains very robust, with almost $29 billion in cash and marketable securities on our balance sheet."
(4:35 PM) DE_TTT: That's about $34/share in cash
tomthetrader: Unreal company
tomthetrader: DAX is also a short
tomthetrader: real symbol
(4:37 PM) DE_TTT: VMW was the only clunker in tech.
tomthetrader: yep
tomthetrader: very good .
tomthetrader: the cash is what gets me
tomthetrader: SO MUCH CASH
tomthetrader: Takeovers have to come
tomthetrader: Market very undervalued
(4:38 PM) nimesh_: tom, should we reshort qqqq on this aapl pop?
tomthetrader: cover and wait
(4:38 PM) nimesh_: ah ok
(4:38 PM) nimesh_: is traders 100% cash?
tomthetrader: about 35% short
tomthetrader: Most should have taken profits on the dramatic run ...
(4:40 PM) nimesh_: q's selling off again
(4:40 PM) DE_TTT: Tomorrow morning...EMC, SPWR Tomorrow afternoon...AMZN, BIDU, JNPR, KLAC, MSFT, PMCS, RVBD, WFR
(4:41 PM) nimesh_: they were much lower, before aapl
(4:46 PM) DE_TTT: AAPL and QCOM were the biggies...so far, not bad.
(4:46 PM) DE_TTT: MSFT will be interesting tomorrow.
(4:47 PM) nimesh_: DE, any rtech stuff left?
(4:47 PM) nimesh_: still lot of movement in futures
(4:47 PM) DE_TTT: NVLS Novellus on call sees Q2 revs "up sequentially in the range of $110-125 mln", vs $104.8 mln consensus -Update-
(4:48 PM) DE_TTT: SPWR will also be interesting given the recent run in Solars
tomthetrader: again this is a MEMBERS ONLY AREA please be couteous and leave
tomthetrader: HELENE needs to be right soon !
tomthetrader: Been way too bearish way too long ?
(2:57 PM) berniectx: out of short BE
tomthetrader: need her to turn this around ..she is the best technician out there
tomthetrader: Bernie ...BULL ?
(2:58 PM) berniectx: pretty strong move but think tomorrow down??
(2:58 PM) JR Roden: I took a small short at 33.48 as the banks were rolling over.
tomthetrader: HBAN
tomthetrader: from penny stock to hero
tomthetrader: JR ?
tomthetrader: Q's ?
tomthetrader: 33.50 ?
tomthetrader: baqnks rolling again ...MS ?
(3:03 PM) JR Roden: Between today and last week, I think this is the 4th try at 33.50. I wouldn't be surprised to see 33.50 break after Aapl tomorrow.
(3:03 PM) nimesh_: hate being involved with nasdaq
(3:04 PM) nimesh_: too many big earnings
(3:04 PM) nimesh_: JR, to the upside?
(3:13 PM) nimesh_: TF is nuts
(3:13 PM) nimesh_: new high
tomthetrader: TF broke out here 480
tomthetrader: buying TZA 25% position
tomthetrader: Buying TZA to go 50% short in traders
(3:17 PM) berniectx: done for the day exhausted see ya all tomorrow be careful
tomthetrader: Bernie ...BULL MARKETS ARE FUN FOR BULLS !
(3:18 PM) berniectx: traded numerous times today BE so OK with that no losses
(3:19 PM) Fulkdaddy: Tommy Tu-tone calls it again here????
(3:20 PM) Fulkdaddy: If that was the top, I think you top ticked it on the 50% TF short
(3:21 PM) Fulkdaddy: TLT at the bottom of its channel
(3:22 PM) Fulkdaddy: MACD running out of steam on the daily ES...shows the bulls are getting tire
(3:22 PM) Fulkdaddy: tired
(3:22 PM) Fulkdaddy: NQ as well
(3:23 PM) Fulkdaddy: rally came up to the bottom of the broken wedge to kiss the wedge goodbye
(3:24 PM) pupster: Fulk...that's the way it looks right now
(3:25 PM) pupster: anyone with an A/D line..?
(3:36 PM) TTTMichael: 2109 to 957
(3:37 PM) pupster: great
(3:38 PM) Harrod_t: Great call on TAZ. It's wild!!
(3:41 PM) Fulkdaddy: He is the best short-term trader on the planet
(3:50 PM) JR Roden: y
(3:50 PM) Fulkdaddy: y
(3:50 PM) pupster: y
(3:51 PM) TTTMichael: y
(3:51 PM) westy322: y
(3:51 PM) TTTMichael: DXD
(3:51 PM) JR Roden: That was a crazy day w/DJI going positive & negative all day long
(3:51 PM) desertone: I got in TWM @ 52.72
tomthetrader: Dave !
tomthetrader: We got one
(3:53 PM) billb_t: and TTT is no slouch in bed either!
(3:55 PM) desertone: Night Tom
tomthetrader: TTT Out ...look for updates
tomthetrader: Nice comments to TTT
tomthetrader: so I can post !
(3:56 PM) DE_TTT: Awesome work, Tom...as always! Amazing timing
(3:56 PM) DE_TTT: I went from long to hedged in the blink of an eye...kept my gains!
(3:57 PM) nimesh_: what a fall
(4:00 PM) Fulkdaddy: -3% in 50 minutes.
(4:00 PM) Fulkdaddy: reminds me of September
(4:03 PM) DE_TTT: NTGR blows it out...VMW not so much
(4:03 PM) DE_TTT: VMW VMware prelim $0.25 vs $0.20 First Call consensus; revs $470 mln vs $474.38 mln First Call consensus
(4:03 PM) DE_TTT: VMW VMW sees second quarter revenues flat, or even down, compared to the second quarter of 2008; consensus is for ~6% sequential rev growth
(4:06 PM) DE_TTT: VMW sees second quarter revenues flat, or even down, compared to the second quarter of 2008; consensus is for ~9% YoY rev growth -Update-
(4:06 PM) DE_TTT: VMW sees second quarter revenues flat, or even down, compared to the second quarter of 2008; consensus is for ~9% YoY rev growth -Update-
(4:06 PM) DE_TTT: F5 Networks prelim $0.38 vs $0.38 First Call consensus; revs $154.1 mln vs $154.13 mln First Call consensus
(4:06 PM) DE_TTT: F5 Networks sees Q3 $0.35-0.38 vs $0.37 First Call consensus; sees revs $148-157 mln vs $154.91 mln First Call consensus
(4:07 PM) DE_TTT: Novellus prelim ($0.47) vs ($0.51) First Call consensus; revs $98.9 mln vs $101.69 mln First Call consensus
(4:09 PM) DE_TTT: TriQuint Semi misses by $0.02, beats on revs; guides Q2 EPS above consensus, revs above consensus (3.59 -0.02)
(4:09 PM) DE_TTT: Lam Research misses by $0.05, reports revs in-line (25.96 +0.61)
(4:10 PM) nimesh_: wow, the tankage contines
tomthetrader: Futures fall
tomthetrader: AAPL ?
(4:14 PM) DE_TTT: ISIL Intersil sees Q2 GAAP $(0.01)-0.03, may not be comparable to $0.05 First Call consensus; sees revs $123-132 mln vs $114.34 mln First Call consensus
tomthetrader: 33.50 -32.50 quickly
(4:15 PM) JR Roden: May 34 QQQQ puts sold 1.48 - 2.01 from 2:46 til 4:10.
(4:16 PM) DE_TTT: AAPL usu around 4:30pm
(4:16 PM) DE_TTT: EBAY eBay prelim $0.39 vs $0.34 First Call consensus; revs $2.02 bln vs $1.94 bln First Call consensus
(4:17 PM) DE_TTT: EBAY eBay sees Q2 $0.34-0.36 vs $0.35 First Call consensus; sees revs $1.85-2.05 bln vs $1.98 bln First Call consensus
(4:18 PM) Nick_H_SanDiego: Denise Yamada has another webcast right now:
(4:18 PM) Nick_H_SanDiego: https://profunds.webex.com/mw0305l//mywebex/default.do?siteurl=profunds
(4:20 PM) nimesh_: who just reported, q's jumpe up
(4:20 PM) nimesh_: 20 cents from low
(4:21 PM) DE_TTT: QCOM delays earnings report until next week but will meet or exceed estimates. Waiting for BRCM settlement.
(4:21 PM) nimesh_: aapl the big one left
(4:22 PM) DE_TTT: Qualcomm reschedules earnings release on conference call due to advanced settlement discussions with Broadcom regarding a global settlement
(4:22 PM) nimesh_: if rimm did well, i don't see how aapl did not
(4:22 PM) DE_TTT: Revenue and operating income for the second quarter of fiscal 2009, excluding the potential impact of the Broadcom agreement, met or exceeded prior guidance.
(4:22 PM) DE_TTT: XLNX Xilinx prelim $0.26 vs $0.18 First Call consensus; revs $395.0 mln vs $383.09 mln First Call consensus
(4:22 PM) DE_TTT: XLNX Xilinx sees FY09 revs (4%) to +4% or roughly $1.76-1.91 bln vs $1.81 bln First Call consensus
(4:24 PM) DE_TTT: XLNX Xilinx sees Q1 revs -4% to +4% sequentially or roughly $379.2-410.8 mln vs 376.5 mln consensus
(4:26 PM) DE_TTT: CMG Chipotle Mexican Grill beats by $0.23, misses on revs; reaffirms FY09 comps guidance (85.50 +4.51)
(4:28 PM) nimesh_: wow, earnings bonanza today
(4:29 PM) DE_TTT: More of the same tomorrow.
(4:30 PM) DE_TTT: AAPL Apple prelim $1.33 vs $1.09 First Call consensus; revs $8.16 bln vs $7.96 bln First Call consensus
(4:31 PM) Alert: ====SECURITY BULLETIN!=======
Using utilites from third parties such as button holders, remote typers, etc ... are at risk of having their passwords stolen!
Many of these utilities contain trojans that report your nickname and password to the program's creator. We encourage everyone to change their password reguarly, and to uncheck the save password checkbox on the login screen.
If you do this, you will have to enter your password every time you log in, but it is a small price to pay to keep your account and password protected.
tomthetrader: AAPL Always trounces
tomthetrader: 125.00
(4:33 PM) DE_TTT: AAPL Apple sees Q3 $0.95-1.00 vs $1.12 First Call consensus; sees revs $7.7-7.9 bln vs $8.28 bln First Call consensus
(4:33 PM) DE_TTT: ^^^^^And always guides light!^^^^^
(4:33 PM) DE_TTT: always
(4:34 PM) redliontrader: red sox 10, twins 1
(4:34 PM) DE_TTT: "Apple's financial condition remains very robust, with almost $29 billion in cash and marketable securities on our balance sheet."
(4:35 PM) DE_TTT: That's about $34/share in cash
tomthetrader: Unreal company
tomthetrader: DAX is also a short
tomthetrader: real symbol
(4:37 PM) DE_TTT: VMW was the only clunker in tech.
tomthetrader: yep
tomthetrader: very good .
tomthetrader: the cash is what gets me
tomthetrader: SO MUCH CASH
tomthetrader: Takeovers have to come
tomthetrader: Market very undervalued
(4:38 PM) nimesh_: tom, should we reshort qqqq on this aapl pop?
tomthetrader: cover and wait
(4:38 PM) nimesh_: ah ok
(4:38 PM) nimesh_: is traders 100% cash?
tomthetrader: about 35% short
tomthetrader: Most should have taken profits on the dramatic run ...
(4:40 PM) nimesh_: q's selling off again
(4:40 PM) DE_TTT: Tomorrow morning...EMC, SPWR Tomorrow afternoon...AMZN, BIDU, JNPR, KLAC, MSFT, PMCS, RVBD, WFR
(4:41 PM) nimesh_: they were much lower, before aapl
(4:46 PM) DE_TTT: AAPL and QCOM were the biggies...so far, not bad.
(4:46 PM) DE_TTT: MSFT will be interesting tomorrow.
(4:47 PM) nimesh_: DE, any rtech stuff left?
(4:47 PM) nimesh_: still lot of movement in futures
(4:47 PM) DE_TTT: NVLS Novellus on call sees Q2 revs "up sequentially in the range of $110-125 mln", vs $104.8 mln consensus -Update-
(4:48 PM) DE_TTT: SPWR will also be interesting given the recent run in Solars
Tuesday, April 21, 2009
TTT CONTINUES TO MAKE ALL THE RIGHT MOVES
table
(10:31 AM) DE_TTT: Bot BRCM...now I will go somewhere and sit on my hands for awhile.
(10:33 AM) arujunaa: i don't think it's fear as much as it is a lack of supply this week and with fed buybacks. from next week, there is a lot of supply coming followed by a massive refunding in may. i won't be long next week.
(10:34 AM) Fulkdaddy: Great info. Aruj...I will cover my TLT and IEF with you...thanks!
(10:35 AM) arujunaa: if we get tym to 123.75ish, i will sell the last 25%
tomthetrader: Thanks Aruj
(10:35 AM) arujunaa: thanks tom for the incredible stock calls!
(10:38 AM) berniectx: last time saw Geithner he looked 12 stress of the job is aging him looks almost 20 today
(10:46 AM) DE_TTT: Here comes the cavalry
(11:01 AM) redliontrader: small caps leading the way
tomthetrader: Good call DE ....you want to take over now ?
tomthetrader: Red : Any views on the Zweig thrust indicator ...where do you think we go from here
(11:04 AM) DE_TTT: LOL
tomthetrader: Thanks Red
(11:06 AM) DE_TTT: HBAN and FITB huge off the lows today
tomthetrader: 835.00 becomessupport again
(11:07 AM) redliontrader: ZBT went overbot on Friday, now in neutral area, midway between overbot and oversold, where all the pullbacks in this run have turned to go to overbot again
tomthetrader: Trading range ?
(11:08 AM) redliontrader: yes, until the pattern is broken
tomthetrader: date ?
tomthetrader: started
(11:10 AM) redliontrader: officeal b/o was march 18, the current pattern established 3/26
(11:10 AM) redliontrader: 4 overbots, 1 near
tomthetrader: OK ...and this area has supported rallies everytime /
tomthetrader: since a month ago
(11:11 AM) redliontrader: I don;t think this indicator has ever gone 4x overbot in a 1 monthish period, an incredible run off the bottom, very stron
(11:12 AM) shwqyy: Sided in Campaigning Remembrances from Fro to the Badmouthing and the Words Abominations…. Circularize this Vertebre
tomthetrader: agree...I have tracked similar and this has blown off all previous precedents
tomthetrader: Rally
tomthetrader: DE is a rally machone
tomthetrader: ]machine
tomthetrader: Machine
(11:14 AM) redliontrader: next overbot if the pattern holds will be spx 883 by thursday, but at some point this is going to go sideways i would think
(11:16 AM) tcb66: incredible strength in the small caps
(11:17 AM) DE_TTT: 4G buildout names starting to get attention...ALU, ERIC, PWAV, STAR
tomthetrader: Thank you
tomthetrader: probably work the market into a coiled spring into 875 next week
tomthetrader: end of month will force funds to buy
(11:24 AM) thomas_Poland: I hoped for new high this week
(11:24 AM) thomas_Poland: but this new high (if it comes) will be important int term top
(11:24 AM) thomas_Poland: we will go below 800 Spx I guess
(11:24 AM) thomas_Poland: but first .. let's make new high for this 'bull run""
(11:25 AM) pupster: good call for those who went long...!!!!
(11:25 AM) DE_TTT: Yes...good work, TP. You said yesterday would be at or near the low for the week.
(11:25 AM) DE_TTT: Someone finally woke up the SMH...deep slumber today.
tomthetrader: yes ...OIL
tomthetrader: ERX
tomthetrader: 50%
tomthetrader: Traders
(11:26 AM) don_2007_: 23.95
tomthetrader: Thank you
(11:26 AM) Fulkdaddy: Oil broke support yesterday...is this a reversion to the mean trade?
tomthetrader: yes
tomthetrader: OIL is undervalued even though technically broken ...
tomthetrader: Oil stocks should rise in any rise in oil
(11:32 AM) les13436: Bought some CAT Jan 2010 55 Calls @.71, seems like CAT just wants to go up.
(11:39 AM) Fulkdaddy: I have been reading that oil is in gigantic supply
(11:40 AM) Fulkdaddy: There is so much of it there is no place to store it...putting pressure on prices
tomthetrader: seems like it should plummet
tomthetrader: stupid trade
tomthetrader: I'll get one right one of these days !
tomthetrader: maybe oil companies will beat lowered estimates ...and maybe demand will pick up in coming months
(11:45 AM) Fulkdaddy: I don't know about that...I just read about the reason for the pressure on prices
(11:45 AM) Fulkdaddy: It could go fill the gap and make you big money!
(11:45 AM) Fulkdaddy: bonds getting crushed on this rally
(11:47 AM) arujunaa: bonds have sold off after the fed buyback. i stopped myself on the last 25% at 122.6875. will look to rebuy later
tomthetrader: Like saying there was a oversupply of chips or widgets ...one hope demand picks up or the companies will adjust and still make money at lower prices
(11:48 AM) arujunaa: sorry dave, didn't see that drive-by coming....
(11:49 AM) Fulkdaddy: bonds seem to be invese stocks with tight correlation here
(11:51 AM) pupster: didn't think Turn Around Tuez would be this strong
(11:51 AM) arujunaa: i'm hearing foreign central bank selling which means it is $ related
tomthetrader: no one did ..except DE !
tomthetrader: He is a BULL
tomthetrader: I pale in comparison ...I thought I was the only Bull alive
tomthetrader: until DE came flying in in November
tomthetrader: CHIPS CHIPS CHIPS
tomthetrader: The ES FUTURES SHORTS GOT WAXED THIS MORNING
tomthetrader: 46.19 oil up now !
tomthetrader: how lucky !
(12:01 PM) DE_TTT: Thanks for ERX, Tom...bot at 23.97.
tomthetrader: Your welcome
(12:03 PM) azags: I just sold my last 5000 of qld at 30.9
(12:05 PM) azags: I missed erx because I was away from the computer
tomthetrader: ERX you can stop at 20% back
tomthetrader: we may be able to run this
tomthetrader: technically I trade oil futures and saw a possible run coming so I recommendd ERX
tomthetrader: I really miss TIM ...he made me lazy !
(12:09 PM) thomas_Poland: and where is he?
tomthetrader: ?
tomthetrader: Like you ..on a temporary boycott /
(12:09 PM) thomas_Poland: right
(12:09 PM) pupster: CIEN and AMR still a trade...
(12:10 PM) thomas_Poland: you just can't be nice .. can you Tom?
tomthetrader: AMR Long term ...Ciena I have not scanned since Last month dropped off
tomthetrader: SM is a great stock
(12:26 PM) Fulkdaddy: Louise Yamada's webcast is tonight and tomorrow...could not think of a better time to get her views.
tomthetrader: yes ...that will be enjoyable
tomthetrader: how do we get it ?
tomthetrader: last view sub 400 SPX sometime ?
tomthetrader: In the next 10 years ?
(12:28 PM) Fulkdaddy: She said 600 was her target. If it does not hold, then 400...no timeframe
(12:29 PM) les13436: Is there a link for her webcast?
(12:32 PM) Fulkdaddy: link sent to Tom.
tomthetrader: I will mail ..Thanks Dave
(12:34 PM) les13436: Thanks Dave
(12:40 PM) DE_TTT: Thanks
(12:42 PM) redliontrader: TOM - that chart you sent out last night showing %returns from market bottoms - they all seem to gravatate back to 10-15% area before relaunching.. that would put us back to 725-260 area, if my reading is correct this would occur around 1 month from now, the May 20th time frame.. do you think we will see this pullback?
(12:45 PM) Fulkdaddy: feels like a trend day
(12:49 PM) azags: no losses today . I made some dollars on long qld which I now sold. I will go short today at the close if ndx is between 1328-1340. I am also going on vacation tomorrow for a long weekend
tomthetrader: another vacation ..how about something for me ...Disney ?
tomthetrader: we are buying ZF for TRADERS
tomthetrader: going for a quick gain and then moving it
tomthetrader: 1:00pm ZF adding
(1:00 PM) eman11: What % for ZF in Traders - Thanks
tomthetrader: 10%
tomthetrader: will move to IRA on Friday
(1:04 PM) Fulkdaddy: I think that is normal, JR.
(1:04 PM) Fulkdaddy: Volume is in the shape of a bathtub...high at the open and low during the day and high at the close
tomthetrader: I do not see JR !
tomthetrader: Invisible ?
(1:06 PM) Fulkdaddy: He is up about 8 posts
tomthetrader: ERX ...what a play
tomthetrader: amazing timing Dave ?
tomthetrader: I have sources in the oil matket !
tomthetrader: HAL
tomthetrader: we bought for earnings
tomthetrader: acting well
(1:11 PM) Fulkdaddy: Perfect timing on ERX
(1:11 PM) Fulkdaddy: perfect
(1:11 PM) Fulkdaddy: I just read Gartman and he confirmed inventory levels are at historic highs and likely going higher
tomthetrader: That is a longer term possible problem for oil but sure didn't hurt this trade ...can't make money any faster /
tomthetrader: DE's chips are acting well ..took guts to buy USD on the open
tomthetrader: Besides what does Gartman know about commodities !
tomthetrader: Hope all of you understand why we got out of shorts yesterday to reenter into longs in UYG ERX and may go back short on a sell signal
tomthetrader: 1 note ...look at the OEX puts and ISEE and CBOE
(1:29 PM) DE_TTT: Weisel raising EPS estimates on MPWR...don't hear a lot of that these days!
(1:30 PM) DE_TTT: Bullish options data...right, Tom?
(1:36 PM) TTTMichael: USA trades at a 21% discount to NAV.
tomthetrader: Yes ...options for today are very BULLISH
tomthetrader: USA a good long term hold now
tomthetrader: ZF
tomthetrader: ZTR
tomthetrader: all good
tomthetrader: Look at the FinViz .com
tomthetrader: NDD up 23%since I recommended
tomthetrader: all positions up all instituted AFTER the 25% rally was in
(1:42 PM) pupster: bold call....and great reward...TTT...!!!!!
tomthetrader: Hope we all can get back on the same page ..it is much more fun when everyone agrees
tomthetrader: everyone doing a trememndous job
tomthetrader: it is a traders market ..in one account you cpould be up 300% and anpother flat
(1:44 PM) pupster: to date...a very much symmetrical inverse H&S on UYG and if it gets above 3.9-4 ... it projects to 6.5
(1:45 PM) Fulkdaddy: 1:56 is approaching.
(1:46 PM) azags: I missed uyg at the open today at 2.75. I don't have any
(1:46 PM) Fulkdaddy: what are the hedgehogs going to do today Tom?
tomthetrader: BOOOOOOOOO
(1:47 PM) azags: in the premarket it was like 2.67
(1:47 PM) Harrod_t: bought small amount
(1:47 PM) thomas_Poland: we should see new HOD today
tomthetrader: Good Job
(1:48 PM) thomas_Poland: yes for the next 3 days
tomthetrader: 875 ?
tomthetrader: again ..double top
(1:48 PM) thomas_Poland: yes
(1:48 PM) thomas_Poland:
tomthetrader: agree
(1:48 PM) thomas_Poland: just a fraction higher high
(1:49 PM) thomas_Poland: we lost all bulls yesterday
tomthetrader: yes
(1:49 PM) thomas_Poland: now we will loose all bears from yesterday on new high
tomthetrader: yes
(1:49 PM) thomas_Poland: so everybody will be hmm .... forked
tomthetrader: it is all sentiment
tomthetrader: except you
tomthetrader: and TK ?
(1:49 PM) thomas_Poland: hopefully
(1:49 PM) thomas_Poland: TK is nevver forked
(1:50 PM) thomas_Poland: LOL
(1:50 PM) DE_TTT: As I've said before, I thought I was wrong once...but later found out I was mistaken.
(1:51 PM) thomas_Poland: DE ..
(1:51 PM) thomas_Poland: great
(1:51 PM) thomas_Poland: using hammer is hard
tomthetrader: IWM ...A/d THE key
(1:53 PM) DE_TTT:
(1:53 PM) Fulkdaddy: Tom, how are your indicators?
(1:56 PM) nimesh_: why is nasdaq weal today
(2:04 PM) Fulkdaddy: IBM
(2:04 PM) Fulkdaddy: I just reduced my shorts from 25% to 20%
tomthetrader: NEUTRAL
tomthetrader: IBM TELL TO 2011
(2:08 PM) Fulkdaddy: I may have made a mistake here reducing my shorts...looks like market is getting weak
(2:12 PM) redliontrader: R2000 a/d remains very strong better than 3:1, leading the day
(2:14 PM) Fulkdaddy: My timing is impeccable...when I close shorts it is an excellent time to open positions
(2:15 PM) Fulkdaddy: muther....I know this is a G rated room
(2:15 PM) Fulkdaddy: I feel like smashing my keyboard
(2:18 PM) azags: Relax Fulk, if qld comes down more I will buy it again but not yet
(2:19 PM) thomas_Poland: I agree with vector vest worker of the year
tomthetrader: ROLLING OVER
tomthetrader: BUT STILL OK
(2:20 PM) azags: I was offered a vacation to hunt down Thomas, hog tie him and bring him back to the TTT Hedge Fund fold. I will be a bounty hunter
(2:21 PM) thomas_Poland:
(2:21 PM) azags: Thomas make qld go down further so I can buy it
(2:27 PM) azags: A/D line is +1358 on NYSE
(2:27 PM) Alert: LIVE coverage of a congressional hearing on helping the failing newspaper industry in News Talk Online in the Radio/TV Section [Free Video]
tomthetrader: SHOULD TREND HIGHER INTO CLOSE AS THE PILE ON EFFECT OF RUT
tomthetrader: 1.5 HOURS OF FUN
(2:29 PM) DE_TTT: More ERX at 24.23
(2:29 PM) DE_TTT: yes
(2:30 PM) DE_TTT: Also bot TQNT and ALU
tomthetrader: ?
(2:30 PM) DE_TTT: 4g wireless buildout plays...along with ERIC, STAR, PWAV
(2:31 PM) DE_TTT: and CNXT (sort of)
(2:31 PM) DE_TTT: Big Verizon buildout in particular
tomthetrader: nICE
tomthetrader: I wish I could follow those like I used to
tomthetrader: I am jealous
tomthetrader: LOVE this market
(2:32 PM) DE_TTT: I'm the resident tech nerd...though I'm sure there are a few others here who are just a bit more quiet.
tomthetrader: We love you DE ...but you will be so rich you will leave us ! In this Bull
(2:35 PM) les13436: XHB HOD
(2:35 PM) pupster: great look on that PWAV...didn't realize that thing went down yo pennies...looks to wanna go to @ 1.3 - 1.40 from here
tomthetrader: great
(2:36 PM) pupster: pwav definately worth a shot
tomthetrader: this is the time to jump on those penny type stocks will go up 10000%
tomthetrader: HOD
(2:36 PM) les13436: SIRI (XM radio)
(2:37 PM) DE_TTT: Not likely...I like this hangout!
tomthetrader: Good
(2:37 PM) azags: NDX is lagging
tomthetrader: SIRI big de4bt
tomthetrader: RUT up 3% very positive
tomthetrader: got back 3 of 5 %
(2:38 PM) DE_TTT: Thanks for the input, Pup...good to know. Like I said...great hangout.
tomthetrader: UYG ERX
tomthetrader: best plays of the day ?
(2:43 PM) DE_TTT: Itching to buy more MU...but only if it flails late.
(2:45 PM) DE_TTT: IBM at hod
(2:54 PM) thomas_Poland: NQ YM and ES almost at 200 sma resistance
(2:54 PM) thomas_Poland: I guess they will take it in gap up tomorrow
tomthetrader: Taking a short position TF 465
tomthetrader: OK ?
(2:58 PM) nimesh_: tom, is tf a hedge?
(2:58 PM) nimesh_: and is it for daytrade only?
tomthetrader: Just a hedge to protect the ERX ZF UYG
tomthetrader: YES I will sell it overnight
(2:59 PM) nimesh_: ok
(3:03 PM) DE_TTT: GOOG prob affecting QQQQ....it
(3:03 PM) DE_TTT: It's only because of MSFT-YHOO link-up coming...will be a decent competitor. imho, of course
tomthetrader: Look at HBAN daily
tomthetrader: 35% turn around
tomthetrader: TRADERS will be 100% cash on close ..3-1 + A/D is BULLISH
(3:09 PM) Bert_TTT: Does that mean selling ERX ZF and UYG by the close???
tomthetrader: yes
tomthetrader: or they will be put in Main and IRA ...they will be out of TRADERS
tomthetrader: Traders will be 100% cash to TRADE tomorrow
(3:18 PM) azags: If the market stays where it is with Naz 100 over 1329 at the close, I plan to buy again 4 million qid with JR as we did last Friday to pay for my vacation and transportation costs to hunt down Thomas
(3:23 PM) azags: I am playing short term movements. If it is a strong upward naz movement greater than 1339, I would stay long but between 1328 and 1339 I would go short again for short term move.
(3:25 PM) azags: Right now I am in cash since I took profits early today long up at 30.75, 30.8 and 30.9 on the qld. That was this morning
(3:26 PM) azags: I also took tiny profits at 30.21 long when Tom went short at the open
(3:28 PM) azags: It pays for carfare or the morning bus
tomthetrader: QID I will buy 4 million with you
tomthetrader: so that is 3 million QID shares to be bought WHEN ?
tomthetrader: 1339 ?
tomthetrader: NDX ?
(3:30 PM) azags: It is fascinating how bank and financial etfs collapsed this am and then turned around with great profits today. I was not in any of it
tomthetrader: I told you too ?
tomthetrader: I said " Zags" please enter 5 million long FAS after 9:35 am
(3:31 PM) DE_TTT: Indeed, Zags...and now all the bears are worried about WFC and MS tomorrow...tells me they haven't quite thrown in the towel.
(3:31 PM) azags: yes you did
tomthetrader: But you were busy packing with Thomas for vacation
(3:33 PM) azags: I will short if naz 100 closes between 1328-basically 1339. Above 1339 I would stay long
(3:33 PM) nimesh_: sharp selloff
(3:34 PM) azags: Thomas asked me to buy him an estate in Transylvania
tomthetrader: LOL
tomthetrader: OK Guys
(3:35 PM) azags: The castle has to be pink
tomthetrader: TTT Is out ....rehab time ....Little pink castles for you and Thomas
(3:36 PM) Nick_H_SanDiego: bye Tom
tomthetrader: Sorry
tomthetrader: !!!!!!
(3:37 PM) azags: Take care Tom. I have to go on vacation to spend some money and help the economy
(3:37 PM) DE_TTT: Enjoy your time away, Zags
tomthetrader: you can call 850 329-6745
tomthetrader: anytime ....all of you 24/7
tomthetrader: good day ...very good
(3:38 PM) azags: Thanks Tom
tomthetrader: Thank you
(3:45 PM) azags: I still would like a good selloff at the close so I could re-establish longs
(3:51 PM) nimesh_: tom, short yahoo?
(3:52 PM) nimesh_: if google sees slowdown, surely yahoo would be worse
(3:52 PM) DE_TTT: BRCM near hod
(3:53 PM) DE_TTT: MSFT-YHOO deal is coming...80% chance, imo
(3:53 PM) nimesh_: DE, makes sense
(3:54 PM) nimesh_: msft can buy it for half the original offer
(3:54 PM) DE_TTT: Yes, and new CEO not so parochial.
(3:56 PM) nimesh_: DE, will that cause q's to go down? msft weighted more, msft down, yhoo up?
(3:56 PM) DE_TTT: Could hurt GOOG the most...so could def hurt the Q's
(3:57 PM) azags: I am close to shorting or selling out of the money naked qld calls
(4:01 PM) DE_TTT: Big tech day tomorrow afternoon...AAPL, EBAY, FFIV, LRCX, QCOM, TQNT, VMW, XLNX
(4:02 PM) nimesh_: de, i think ffiv already warned?
(4:06 PM) nimesh_: de, u think amd is woth buying?
(4:06 PM) pupster: 15 minute SPY hit a high today at exactly the 50% retrace from the 875 highs last week into yesterdays lows.....
(4:06 PM) pupster: may look to wanna go to 857 and after that....a gap fill...?
(4:09 PM) nimesh_: yes, zags
(4:09 PM) nimesh_: u are the qqqq master
(4:14 PM) azags: I tried to buy qid at 40.95 but missed it I also tried to write the naked qld call may 33 at 1.3 but it didn't fill. I may try ah but because I am traveling, I don't want a heavy load
(4:14 PM) azags: Take care
(4:14 PM) Fulkdaddy: 2 minute warning for Louise Yamada
(4:22 PM) nimesh_: amd falling after initial pop
(4:22 PM) nimesh_: same with yahoo
(4:32 PM) DE_TTT: Sorry, nimesh...left for a bit...just wondering if not better to short Q's when others are worried abt shorting in front of AAPL and QCOM tomorrow
(4:36 PM) nimesh_: yea, once aapl is deon, picture will be much clearer
(4:36 PM) nimesh_: i fully expect appl to beat
(4:36 PM) nimesh_: but not sure if it is prices in
(4:36 PM) nimesh_: priced
(4:38 PM) Nick_H_SanDiego: yamada presenation is excellent
(4:39 PM) Nick_H_SanDiego: https://profunds.webex.com/mw0305l//mywebex/default.do?siteurl=profunds
(5:00 PM) Alert: Should the government help failing newspapers? What then about their independence? Sound off on News Talk Online in the Radio/TV Section NOW [Free Video]
(5:02 PM) Nick_H_SanDiego: we will never see 30x-40x leverage again in our careers, so we need to temper any rally
(5:04 PM) nimesh_: what do u mean nick?
(5:07 PM) DE_TTT: SNDK call: demand stronger than expected and is holding up in April. Raising prices in Q2
(5:11 PM) Alert: ====SECURITY BULLETIN!=======
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(5:13 PM) DE_TTT: SNDK saying all the right things = sell it tomorrow on the pop >16
(5:17 PM) nimesh_: hehe, thanks DE
tomthetrader: thanks
(5:24 PM) Alert: Hi , Welcome to TTT
(5:30 PM) Alert: Should the government help failing newspapers? What then about their independence? Sound off on News Talk Online in the Radio/TV Section NOW [Free Video]
(5:33 PM) DE_TTT: SNDK sees Q2 rev. of 650-725 mil, vs. Q2 consensus of 579 mil and 659.5 mil in Q1.
(5:34 PM) DE_TTT: Next up for SNDK...an equity offering. imho, as always.
(5:34 PM) DE_TTT: I am long, but I prefer to sell on good news!
tomthetrader: yes ...I am hoping we rally into 875 again on worse breadth to short to get this CORRECTION OVER ..very bullish ISE options today
(5:37 PM) DE_TTT: Off to a BBQ...see you tomorrow, Tom. thanks again for ERX!
tomthetrader: YW
(10:31 AM) DE_TTT: Bot BRCM...now I will go somewhere and sit on my hands for awhile.
(10:33 AM) arujunaa: i don't think it's fear as much as it is a lack of supply this week and with fed buybacks. from next week, there is a lot of supply coming followed by a massive refunding in may. i won't be long next week.
(10:34 AM) Fulkdaddy: Great info. Aruj...I will cover my TLT and IEF with you...thanks!
(10:35 AM) arujunaa: if we get tym to 123.75ish, i will sell the last 25%
tomthetrader: Thanks Aruj
(10:35 AM) arujunaa: thanks tom for the incredible stock calls!
(10:38 AM) berniectx: last time saw Geithner he looked 12 stress of the job is aging him looks almost 20 today
(10:46 AM) DE_TTT: Here comes the cavalry
(11:01 AM) redliontrader: small caps leading the way
tomthetrader: Good call DE ....you want to take over now ?
tomthetrader: Red : Any views on the Zweig thrust indicator ...where do you think we go from here
(11:04 AM) DE_TTT: LOL
tomthetrader: Thanks Red
(11:06 AM) DE_TTT: HBAN and FITB huge off the lows today
tomthetrader: 835.00 becomessupport again
(11:07 AM) redliontrader: ZBT went overbot on Friday, now in neutral area, midway between overbot and oversold, where all the pullbacks in this run have turned to go to overbot again
tomthetrader: Trading range ?
(11:08 AM) redliontrader: yes, until the pattern is broken
tomthetrader: date ?
tomthetrader: started
(11:10 AM) redliontrader: officeal b/o was march 18, the current pattern established 3/26
(11:10 AM) redliontrader: 4 overbots, 1 near
tomthetrader: OK ...and this area has supported rallies everytime /
tomthetrader: since a month ago
(11:11 AM) redliontrader: I don;t think this indicator has ever gone 4x overbot in a 1 monthish period, an incredible run off the bottom, very stron
(11:12 AM) shwqyy: Sided in Campaigning Remembrances from Fro to the Badmouthing and the Words Abominations…. Circularize this Vertebre
tomthetrader: agree...I have tracked similar and this has blown off all previous precedents
tomthetrader: Rally
tomthetrader: DE is a rally machone
tomthetrader: ]machine
tomthetrader: Machine
(11:14 AM) redliontrader: next overbot if the pattern holds will be spx 883 by thursday, but at some point this is going to go sideways i would think
(11:16 AM) tcb66: incredible strength in the small caps
(11:17 AM) DE_TTT: 4G buildout names starting to get attention...ALU, ERIC, PWAV, STAR
tomthetrader: Thank you
tomthetrader: probably work the market into a coiled spring into 875 next week
tomthetrader: end of month will force funds to buy
(11:24 AM) thomas_Poland: I hoped for new high this week
(11:24 AM) thomas_Poland: but this new high (if it comes) will be important int term top
(11:24 AM) thomas_Poland: we will go below 800 Spx I guess
(11:24 AM) thomas_Poland: but first .. let's make new high for this 'bull run""
(11:25 AM) pupster: good call for those who went long...!!!!
(11:25 AM) DE_TTT: Yes...good work, TP. You said yesterday would be at or near the low for the week.
(11:25 AM) DE_TTT: Someone finally woke up the SMH...deep slumber today.
tomthetrader: yes ...OIL
tomthetrader: ERX
tomthetrader: 50%
tomthetrader: Traders
(11:26 AM) don_2007_: 23.95
tomthetrader: Thank you
(11:26 AM) Fulkdaddy: Oil broke support yesterday...is this a reversion to the mean trade?
tomthetrader: yes
tomthetrader: OIL is undervalued even though technically broken ...
tomthetrader: Oil stocks should rise in any rise in oil
(11:32 AM) les13436: Bought some CAT Jan 2010 55 Calls @.71, seems like CAT just wants to go up.
(11:39 AM) Fulkdaddy: I have been reading that oil is in gigantic supply
(11:40 AM) Fulkdaddy: There is so much of it there is no place to store it...putting pressure on prices
tomthetrader: seems like it should plummet
tomthetrader: stupid trade
tomthetrader: I'll get one right one of these days !
tomthetrader: maybe oil companies will beat lowered estimates ...and maybe demand will pick up in coming months
(11:45 AM) Fulkdaddy: I don't know about that...I just read about the reason for the pressure on prices
(11:45 AM) Fulkdaddy: It could go fill the gap and make you big money!
(11:45 AM) Fulkdaddy: bonds getting crushed on this rally
(11:47 AM) arujunaa: bonds have sold off after the fed buyback. i stopped myself on the last 25% at 122.6875. will look to rebuy later
tomthetrader: Like saying there was a oversupply of chips or widgets ...one hope demand picks up or the companies will adjust and still make money at lower prices
(11:48 AM) arujunaa: sorry dave, didn't see that drive-by coming....
(11:49 AM) Fulkdaddy: bonds seem to be invese stocks with tight correlation here
(11:51 AM) pupster: didn't think Turn Around Tuez would be this strong
(11:51 AM) arujunaa: i'm hearing foreign central bank selling which means it is $ related
tomthetrader: no one did ..except DE !
tomthetrader: He is a BULL
tomthetrader: I pale in comparison ...I thought I was the only Bull alive
tomthetrader: until DE came flying in in November
tomthetrader: CHIPS CHIPS CHIPS
tomthetrader: The ES FUTURES SHORTS GOT WAXED THIS MORNING
tomthetrader: 46.19 oil up now !
tomthetrader: how lucky !
(12:01 PM) DE_TTT: Thanks for ERX, Tom...bot at 23.97.
tomthetrader: Your welcome
(12:03 PM) azags: I just sold my last 5000 of qld at 30.9
(12:05 PM) azags: I missed erx because I was away from the computer
tomthetrader: ERX you can stop at 20% back
tomthetrader: we may be able to run this
tomthetrader: technically I trade oil futures and saw a possible run coming so I recommendd ERX
tomthetrader: I really miss TIM ...he made me lazy !
(12:09 PM) thomas_Poland: and where is he?
tomthetrader: ?
tomthetrader: Like you ..on a temporary boycott /
(12:09 PM) thomas_Poland: right
(12:09 PM) pupster: CIEN and AMR still a trade...
(12:10 PM) thomas_Poland: you just can't be nice .. can you Tom?
tomthetrader: AMR Long term ...Ciena I have not scanned since Last month dropped off
tomthetrader: SM is a great stock
(12:26 PM) Fulkdaddy: Louise Yamada's webcast is tonight and tomorrow...could not think of a better time to get her views.
tomthetrader: yes ...that will be enjoyable
tomthetrader: how do we get it ?
tomthetrader: last view sub 400 SPX sometime ?
tomthetrader: In the next 10 years ?
(12:28 PM) Fulkdaddy: She said 600 was her target. If it does not hold, then 400...no timeframe
(12:29 PM) les13436: Is there a link for her webcast?
(12:32 PM) Fulkdaddy: link sent to Tom.
tomthetrader: I will mail ..Thanks Dave
(12:34 PM) les13436: Thanks Dave
(12:40 PM) DE_TTT: Thanks
(12:42 PM) redliontrader: TOM - that chart you sent out last night showing %returns from market bottoms - they all seem to gravatate back to 10-15% area before relaunching.. that would put us back to 725-260 area, if my reading is correct this would occur around 1 month from now, the May 20th time frame.. do you think we will see this pullback?
(12:45 PM) Fulkdaddy: feels like a trend day
(12:49 PM) azags: no losses today . I made some dollars on long qld which I now sold. I will go short today at the close if ndx is between 1328-1340. I am also going on vacation tomorrow for a long weekend
tomthetrader: another vacation ..how about something for me ...Disney ?
tomthetrader: we are buying ZF for TRADERS
tomthetrader: going for a quick gain and then moving it
tomthetrader: 1:00pm ZF adding
(1:00 PM) eman11: What % for ZF in Traders - Thanks
tomthetrader: 10%
tomthetrader: will move to IRA on Friday
(1:04 PM) Fulkdaddy: I think that is normal, JR.
(1:04 PM) Fulkdaddy: Volume is in the shape of a bathtub...high at the open and low during the day and high at the close
tomthetrader: I do not see JR !
tomthetrader: Invisible ?
(1:06 PM) Fulkdaddy: He is up about 8 posts
tomthetrader: ERX ...what a play
tomthetrader: amazing timing Dave ?
tomthetrader: I have sources in the oil matket !
tomthetrader: HAL
tomthetrader: we bought for earnings
tomthetrader: acting well
(1:11 PM) Fulkdaddy: Perfect timing on ERX
(1:11 PM) Fulkdaddy: perfect
(1:11 PM) Fulkdaddy: I just read Gartman and he confirmed inventory levels are at historic highs and likely going higher
tomthetrader: That is a longer term possible problem for oil but sure didn't hurt this trade ...can't make money any faster /
tomthetrader: DE's chips are acting well ..took guts to buy USD on the open
tomthetrader: Besides what does Gartman know about commodities !
tomthetrader: Hope all of you understand why we got out of shorts yesterday to reenter into longs in UYG ERX and may go back short on a sell signal
tomthetrader: 1 note ...look at the OEX puts and ISEE and CBOE
(1:29 PM) DE_TTT: Weisel raising EPS estimates on MPWR...don't hear a lot of that these days!
(1:30 PM) DE_TTT: Bullish options data...right, Tom?
(1:36 PM) TTTMichael: USA trades at a 21% discount to NAV.
tomthetrader: Yes ...options for today are very BULLISH
tomthetrader: USA a good long term hold now
tomthetrader: ZF
tomthetrader: ZTR
tomthetrader: all good
tomthetrader: Look at the FinViz .com
tomthetrader: NDD up 23%since I recommended
tomthetrader: all positions up all instituted AFTER the 25% rally was in
(1:42 PM) pupster: bold call....and great reward...TTT...!!!!!
tomthetrader: Hope we all can get back on the same page ..it is much more fun when everyone agrees
tomthetrader: everyone doing a trememndous job
tomthetrader: it is a traders market ..in one account you cpould be up 300% and anpother flat
(1:44 PM) pupster: to date...a very much symmetrical inverse H&S on UYG and if it gets above 3.9-4 ... it projects to 6.5
(1:45 PM) Fulkdaddy: 1:56 is approaching.
(1:46 PM) azags: I missed uyg at the open today at 2.75. I don't have any
(1:46 PM) Fulkdaddy: what are the hedgehogs going to do today Tom?
tomthetrader: BOOOOOOOOO
(1:47 PM) azags: in the premarket it was like 2.67
(1:47 PM) Harrod_t: bought small amount
(1:47 PM) thomas_Poland: we should see new HOD today
tomthetrader: Good Job
(1:48 PM) thomas_Poland: yes for the next 3 days
tomthetrader: 875 ?
tomthetrader: again ..double top
(1:48 PM) thomas_Poland: yes
(1:48 PM) thomas_Poland:
tomthetrader: agree
(1:48 PM) thomas_Poland: just a fraction higher high
(1:49 PM) thomas_Poland: we lost all bulls yesterday
tomthetrader: yes
(1:49 PM) thomas_Poland: now we will loose all bears from yesterday on new high
tomthetrader: yes
(1:49 PM) thomas_Poland: so everybody will be hmm .... forked
tomthetrader: it is all sentiment
tomthetrader: except you
tomthetrader: and TK ?
(1:49 PM) thomas_Poland: hopefully
(1:49 PM) thomas_Poland: TK is nevver forked
(1:50 PM) thomas_Poland: LOL
(1:50 PM) DE_TTT: As I've said before, I thought I was wrong once...but later found out I was mistaken.
(1:51 PM) thomas_Poland: DE ..
(1:51 PM) thomas_Poland: great
(1:51 PM) thomas_Poland: using hammer is hard
tomthetrader: IWM ...A/d THE key
(1:53 PM) DE_TTT:
(1:53 PM) Fulkdaddy: Tom, how are your indicators?
(1:56 PM) nimesh_: why is nasdaq weal today
(2:04 PM) Fulkdaddy: IBM
(2:04 PM) Fulkdaddy: I just reduced my shorts from 25% to 20%
tomthetrader: NEUTRAL
tomthetrader: IBM TELL TO 2011
(2:08 PM) Fulkdaddy: I may have made a mistake here reducing my shorts...looks like market is getting weak
(2:12 PM) redliontrader: R2000 a/d remains very strong better than 3:1, leading the day
(2:14 PM) Fulkdaddy: My timing is impeccable...when I close shorts it is an excellent time to open positions
(2:15 PM) Fulkdaddy: muther....I know this is a G rated room
(2:15 PM) Fulkdaddy: I feel like smashing my keyboard
(2:18 PM) azags: Relax Fulk, if qld comes down more I will buy it again but not yet
(2:19 PM) thomas_Poland: I agree with vector vest worker of the year
tomthetrader: ROLLING OVER
tomthetrader: BUT STILL OK
(2:20 PM) azags: I was offered a vacation to hunt down Thomas, hog tie him and bring him back to the TTT Hedge Fund fold. I will be a bounty hunter
(2:21 PM) thomas_Poland:
(2:21 PM) azags: Thomas make qld go down further so I can buy it
(2:27 PM) azags: A/D line is +1358 on NYSE
(2:27 PM) Alert: LIVE coverage of a congressional hearing on helping the failing newspaper industry in News Talk Online in the Radio/TV Section [Free Video]
tomthetrader: SHOULD TREND HIGHER INTO CLOSE AS THE PILE ON EFFECT OF RUT
tomthetrader: 1.5 HOURS OF FUN
(2:29 PM) DE_TTT: More ERX at 24.23
(2:29 PM) DE_TTT: yes
(2:30 PM) DE_TTT: Also bot TQNT and ALU
tomthetrader: ?
(2:30 PM) DE_TTT: 4g wireless buildout plays...along with ERIC, STAR, PWAV
(2:31 PM) DE_TTT: and CNXT (sort of)
(2:31 PM) DE_TTT: Big Verizon buildout in particular
tomthetrader: nICE
tomthetrader: I wish I could follow those like I used to
tomthetrader: I am jealous
tomthetrader: LOVE this market
(2:32 PM) DE_TTT: I'm the resident tech nerd...though I'm sure there are a few others here who are just a bit more quiet.
tomthetrader: We love you DE ...but you will be so rich you will leave us ! In this Bull
(2:35 PM) les13436: XHB HOD
(2:35 PM) pupster: great look on that PWAV...didn't realize that thing went down yo pennies...looks to wanna go to @ 1.3 - 1.40 from here
tomthetrader: great
(2:36 PM) pupster: pwav definately worth a shot
tomthetrader: this is the time to jump on those penny type stocks will go up 10000%
tomthetrader: HOD
(2:36 PM) les13436: SIRI (XM radio)
(2:37 PM) DE_TTT: Not likely...I like this hangout!
tomthetrader: Good
(2:37 PM) azags: NDX is lagging
tomthetrader: SIRI big de4bt
tomthetrader: RUT up 3% very positive
tomthetrader: got back 3 of 5 %
(2:38 PM) DE_TTT: Thanks for the input, Pup...good to know. Like I said...great hangout.
tomthetrader: UYG ERX
tomthetrader: best plays of the day ?
(2:43 PM) DE_TTT: Itching to buy more MU...but only if it flails late.
(2:45 PM) DE_TTT: IBM at hod
(2:54 PM) thomas_Poland: NQ YM and ES almost at 200 sma resistance
(2:54 PM) thomas_Poland: I guess they will take it in gap up tomorrow
tomthetrader: Taking a short position TF 465
tomthetrader: OK ?
(2:58 PM) nimesh_: tom, is tf a hedge?
(2:58 PM) nimesh_: and is it for daytrade only?
tomthetrader: Just a hedge to protect the ERX ZF UYG
tomthetrader: YES I will sell it overnight
(2:59 PM) nimesh_: ok
(3:03 PM) DE_TTT: GOOG prob affecting QQQQ....it
(3:03 PM) DE_TTT: It's only because of MSFT-YHOO link-up coming...will be a decent competitor. imho, of course
tomthetrader: Look at HBAN daily
tomthetrader: 35% turn around
tomthetrader: TRADERS will be 100% cash on close ..3-1 + A/D is BULLISH
(3:09 PM) Bert_TTT: Does that mean selling ERX ZF and UYG by the close???
tomthetrader: yes
tomthetrader: or they will be put in Main and IRA ...they will be out of TRADERS
tomthetrader: Traders will be 100% cash to TRADE tomorrow
(3:18 PM) azags: If the market stays where it is with Naz 100 over 1329 at the close, I plan to buy again 4 million qid with JR as we did last Friday to pay for my vacation and transportation costs to hunt down Thomas
(3:23 PM) azags: I am playing short term movements. If it is a strong upward naz movement greater than 1339, I would stay long but between 1328 and 1339 I would go short again for short term move.
(3:25 PM) azags: Right now I am in cash since I took profits early today long up at 30.75, 30.8 and 30.9 on the qld. That was this morning
(3:26 PM) azags: I also took tiny profits at 30.21 long when Tom went short at the open
(3:28 PM) azags: It pays for carfare or the morning bus
tomthetrader: QID I will buy 4 million with you
tomthetrader: so that is 3 million QID shares to be bought WHEN ?
tomthetrader: 1339 ?
tomthetrader: NDX ?
(3:30 PM) azags: It is fascinating how bank and financial etfs collapsed this am and then turned around with great profits today. I was not in any of it
tomthetrader: I told you too ?
tomthetrader: I said " Zags" please enter 5 million long FAS after 9:35 am
(3:31 PM) DE_TTT: Indeed, Zags...and now all the bears are worried about WFC and MS tomorrow...tells me they haven't quite thrown in the towel.
(3:31 PM) azags: yes you did
tomthetrader: But you were busy packing with Thomas for vacation
(3:33 PM) azags: I will short if naz 100 closes between 1328-basically 1339. Above 1339 I would stay long
(3:33 PM) nimesh_: sharp selloff
(3:34 PM) azags: Thomas asked me to buy him an estate in Transylvania
tomthetrader: LOL
tomthetrader: OK Guys
(3:35 PM) azags: The castle has to be pink
tomthetrader: TTT Is out ....rehab time ....Little pink castles for you and Thomas
(3:36 PM) Nick_H_SanDiego: bye Tom
tomthetrader: Sorry
tomthetrader: !!!!!!
(3:37 PM) azags: Take care Tom. I have to go on vacation to spend some money and help the economy
(3:37 PM) DE_TTT: Enjoy your time away, Zags
tomthetrader: you can call 850 329-6745
tomthetrader: anytime ....all of you 24/7
tomthetrader: good day ...very good
(3:38 PM) azags: Thanks Tom
tomthetrader: Thank you
(3:45 PM) azags: I still would like a good selloff at the close so I could re-establish longs
(3:51 PM) nimesh_: tom, short yahoo?
(3:52 PM) nimesh_: if google sees slowdown, surely yahoo would be worse
(3:52 PM) DE_TTT: BRCM near hod
(3:53 PM) DE_TTT: MSFT-YHOO deal is coming...80% chance, imo
(3:53 PM) nimesh_: DE, makes sense
(3:54 PM) nimesh_: msft can buy it for half the original offer
(3:54 PM) DE_TTT: Yes, and new CEO not so parochial.
(3:56 PM) nimesh_: DE, will that cause q's to go down? msft weighted more, msft down, yhoo up?
(3:56 PM) DE_TTT: Could hurt GOOG the most...so could def hurt the Q's
(3:57 PM) azags: I am close to shorting or selling out of the money naked qld calls
(4:01 PM) DE_TTT: Big tech day tomorrow afternoon...AAPL, EBAY, FFIV, LRCX, QCOM, TQNT, VMW, XLNX
(4:02 PM) nimesh_: de, i think ffiv already warned?
(4:06 PM) nimesh_: de, u think amd is woth buying?
(4:06 PM) pupster: 15 minute SPY hit a high today at exactly the 50% retrace from the 875 highs last week into yesterdays lows.....
(4:06 PM) pupster: may look to wanna go to 857 and after that....a gap fill...?
(4:09 PM) nimesh_: yes, zags
(4:09 PM) nimesh_: u are the qqqq master
(4:14 PM) azags: I tried to buy qid at 40.95 but missed it I also tried to write the naked qld call may 33 at 1.3 but it didn't fill. I may try ah but because I am traveling, I don't want a heavy load
(4:14 PM) azags: Take care
(4:14 PM) Fulkdaddy: 2 minute warning for Louise Yamada
(4:22 PM) nimesh_: amd falling after initial pop
(4:22 PM) nimesh_: same with yahoo
(4:32 PM) DE_TTT: Sorry, nimesh...left for a bit...just wondering if not better to short Q's when others are worried abt shorting in front of AAPL and QCOM tomorrow
(4:36 PM) nimesh_: yea, once aapl is deon, picture will be much clearer
(4:36 PM) nimesh_: i fully expect appl to beat
(4:36 PM) nimesh_: but not sure if it is prices in
(4:36 PM) nimesh_: priced
(4:38 PM) Nick_H_SanDiego: yamada presenation is excellent
(4:39 PM) Nick_H_SanDiego: https://profunds.webex.com/mw0305l//mywebex/default.do?siteurl=profunds
(5:00 PM) Alert: Should the government help failing newspapers? What then about their independence? Sound off on News Talk Online in the Radio/TV Section NOW [Free Video]
(5:02 PM) Nick_H_SanDiego: we will never see 30x-40x leverage again in our careers, so we need to temper any rally
(5:04 PM) nimesh_: what do u mean nick?
(5:07 PM) DE_TTT: SNDK call: demand stronger than expected and is holding up in April. Raising prices in Q2
(5:11 PM) Alert: ====SECURITY BULLETIN!=======
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(5:13 PM) DE_TTT: SNDK saying all the right things = sell it tomorrow on the pop >16
(5:17 PM) nimesh_: hehe, thanks DE
tomthetrader: thanks
(5:24 PM) Alert: Hi , Welcome to TTT
(5:30 PM) Alert: Should the government help failing newspapers? What then about their independence? Sound off on News Talk Online in the Radio/TV Section NOW [Free Video]
(5:33 PM) DE_TTT: SNDK sees Q2 rev. of 650-725 mil, vs. Q2 consensus of 579 mil and 659.5 mil in Q1.
(5:34 PM) DE_TTT: Next up for SNDK...an equity offering. imho, as always.
(5:34 PM) DE_TTT: I am long, but I prefer to sell on good news!
tomthetrader: yes ...I am hoping we rally into 875 again on worse breadth to short to get this CORRECTION OVER ..very bullish ISE options today
(5:37 PM) DE_TTT: Off to a BBQ...see you tomorrow, Tom. thanks again for ERX!
tomthetrader: YW
Monday, April 20, 2009
Friday, April 17, 2009
OPTIONS EXPIRE NEARLY MAULING BEARS
The bears have had control for 2 years ! Now it was time for the Bulls to win ...options Expiry April 2009 all call buyers were rewarded for the first time ...the DUMB money wins again ...
We track all levels of investors and feel there will be a correction off of 875 SPX
Please join by Pay...to ; tomandprisha@msn.com
$125 is the best value on the net
10-20 e-mails daily to your phone home ...and all the accesses to free services only the pros get.
Today was tough on our short term traders as we entered short positions in a rising market but the BULL should rest now for a few weeks
Tom
We track all levels of investors and feel there will be a correction off of 875 SPX
Please join by Pay...to ; tomandprisha@msn.com
$125 is the best value on the net
10-20 e-mails daily to your phone home ...and all the accesses to free services only the pros get.
Today was tough on our short term traders as we entered short positions in a rising market but the BULL should rest now for a few weeks
Tom
Wednesday, April 15, 2009
ANOTHER RUN INTO BIG GAINS
Today we traded very selectively until my day trade indicators showed a high probabilty of a "launch" into the close. We swiftly added a position in 3 3x ETF's and soon the profits were rolling in.
We are near a DANGER area long but will run the market up to 875 and then go short.
If you want to get in on the ride up to 875 and down to 802 then please join.
We have a unique service most will never understand as they will not take the time to simply ask for a free trial !
I am a Trader who wants to help you help yourself by learning what it takes to make huge sums of money in the futures options and stock markets
Please join me for a 3 day trial today !
Tom
24/7
e-mail ; tomandprisha@msn.com
Call 850-329-6745
We are near a DANGER area long but will run the market up to 875 and then go short.
If you want to get in on the ride up to 875 and down to 802 then please join.
We have a unique service most will never understand as they will not take the time to simply ask for a free trial !
I am a Trader who wants to help you help yourself by learning what it takes to make huge sums of money in the futures options and stock markets
Please join me for a 3 day trial today !
Tom
24/7
e-mail ; tomandprisha@msn.com
Call 850-329-6745
Tuesday, April 14, 2009
JOIN US TODAY ! PAY PAL $125 To : tomandprisha@msn.com
tomthetrader: all of our trades have a purpose and all have a end point ...good or bad ..fortunately our winning % is higher than anyone I know
tomthetrader: 160 ES points taken covered short 160 x 50 = $8,000
(12:36 PM) DE_TTT: Great short call, Tom...all around.
tomthetrader: Thank you !
(12:37 PM) TTTMichael: Are you waiting for Intel to report beore you close out QQQ option trade??
(12:38 PM) TTTMichael: before
(12:40 PM) pupster: UNG...14.83? Tom, thoughts?
(12:41 PM) TTTMichael: NDX 1300 is not that far down.
(12:41 PM) TTTMichael: Just closes the 60 min gap.
(12:42 PM) TTTMichael: I'm chicken, used 36 puts, more delta.
(12:43 PM) pupster: in on FAZ today at average 9.83
(12:47 PM) pupster: good call today TOM..!!!
tomthetrader: Thank you ! I am just hoping folks will take the LONG calls in a Bull and Short calls in a correction and understand why we do what we do
tomthetrader: UNG is very close to a BUY
tomthetrader: My indicators do work ?
(12:52 PM) pupster: yes...!!!!!!!!!
(12:52 PM) thomas_Poland: no
(12:52 PM) thomas_Poland:
(12:53 PM) thomas_Poland: TTT go TTT
(12:53 PM) thomas_Poland: I have not seen those great options plays for some time
(12:53 PM) berniectx: you are hitting out of the park again!
tomthetrader: Needed the right conditions ..we are back Thomas
(12:54 PM) thomas_Poland: yes
(12:54 PM) thomas_Poland: and when is your book comming out ?
(12:54 PM) thomas_Poland:
tomthetrader: As soon as Bernie doubles his money !
tomthetrader: Tell us when Bern ?
(12:54 PM) thomas_Poland: who cares about bernie ?
(12:55 PM) thomas_Poland: anybody likes bernie? POLL
(12:55 PM) thomas_Poland:
(12:55 PM) berniectx: quiet Thomas! I want to double now!
(12:55 PM) thomas_Poland: bernie double the money and tell TTT to finish book
(12:56 PM) *** an_mafia has joined the room ***
(12:56 PM) thomas_Poland: I just do not want to get violent again
(12:56 PM) berniectx: would love a book by TTT Tom
(12:56 PM) thomas_Poland: yes me too
(12:57 PM) thomas_Poland: but he is writing this one for like 20 years
(12:57 PM) thomas_Poland: and now it is obsolete
(12:57 PM) thomas_Poland: he still uses decimal prices in the book
(1:01 PM) berniectx: GS getting hammered down $11.60
(1:04 PM) *** vi-ngot-doi-moi5 has joined the room ***
tomthetrader: Like college I am on the 20 year plan
tomthetrader: Thomas just wants my indicator package...wouldn't read the background stories
tomthetrader: 1315.00 NQ will move stops to 4 pooints back
(1:07 PM) arujunaa: thomas likes your package........................
tomthetrader: Oh Yeah....
tomthetrader: I don't mind that pink dress and heels too bad either !
(1:07 PM) *** NUHOANGTRAITAOTHOM_ has joined the room ***
(1:08 PM) tomthetrader: NUHOANGTRAITAOTHOM_ has been bounced from the group
tomthetrader: again move stop up on TF and NQ
tomthetrader: and FSLR FAZ URE
tomthetrader: XLF calls
(1:10 PM) thomas_Poland: hey .. Tim Knight is king !
(1:10 PM) thomas_Poland: LOL
tomthetrader: yes..his longs arenow shorts ?
tomthetrader: Steve _45_4 are youdoingOK ?
(1:11 PM) thomas_Poland: he never goes long .. at least his wife says so
tomthetrader: If you are there ?
(1:11 PM) thomas_Poland: sorry .. .had to say it
(1:11 PM) thomas_Poland:
tomthetrader: Length definitely a issue at TK house !
(1:12 PM) arujunaa:
tomthetrader:
tomthetrader: I love you guys
(1:12 PM) arujunaa: beastiality?
(1:12 PM) pupster: Tom...what's the longest time frame you've held a stock
(1:12 PM) steve_45_4: sorry Tom . yes doing great thanks and thank you for thing of me.
tomthetrader: Thank you and hope we are all on board
(1:13 PM) steve_45_4: thinking of me *
tomthetrader: tradingis a frustrating area ..we always try to give 100% ...Thomas and Aruj have been here the longest and know my weaknesses and strengths
tomthetrader: I hope we all can benefit from all the upcoming rallies and failed rallies
(1:14 PM) arujunaa: it's been a good ride tom
tomthetrader: I can usually nail the tops and bottoms
(1:14 PM) steve_45_4: your strenghts certainly out weigh any weakness
(1:15 PM) *** bloomert has joined the room ***
(1:15 PM) arujunaa: low hanging fruit tom.....
tomthetrader: Now we go for the size of the pullback which I think may be worse than the last 2-3 ...meaning over 4.5%
tomthetrader: The easy money I thought was over but I was wrong ...this was the easiest money of the year short for me
(1:16 PM) arujunaa: i was talking about the innuendo
tomthetrader: OOOPs
tomthetrader: I guess I am still hanging too tight ?
tomthetrader: Gotta let em go ?
(1:18 PM) *** avtrtrder has joined the room ***
tomthetrader: It has been a great run
(1:19 PM) arujunaa: vix down on day. this bond trader doesn't get it.
(1:19 PM) DE_TTT: Great day or two to rub out the late call buyers!
tomthetrader: Yes ...and that is it
tomthetrader: The call buyers just had to be dealt with before OPEX
tomthetrader: they had the best run since 2003
tomthetrader: call options were up 4000-5000%
(1:21 PM) *** bogdan07 has joined the room ***
tomthetrader: so they were not Dumb money
tomthetrader: 839 ES
tomthetrader: 1314 NQ
(1:23 PM) DE_TTT: I'm almost ready to buy semis again, Tom...stop me!!!
(1:24 PM) pupster: Bernake speaks soon ?...will mkt go down
tomthetrader: I am going to hold off ..and would recommend you too !
(1:24 PM) pupster: ok
tomthetrader: DE : Just wait ..10% at a time I will be back on the bull at 1275-1300 NDX ....I will be jealous if you beat me back in
(1:25 PM) DE_TTT:
(1:28 PM) pupster: what was the $4 stock u put in the IRA
tomthetrader: ISRG GOOG BIDU FXI EEM
(1:28 PM) pupster: right...thx
(1:29 PM) pupster: nice channel
tomthetrader: 838.50 from 862.50 in ES
(1:33 PM) DE_TTT: ISRG and GOOG report Thursday AMC. I believe FSLR reports Weds, April 30. Just fyi...
(1:35 PM) DE_TTT: European Markets Closing Prices: FTSE: 3989.00 +5.3 +0.1%, DAX: 4557.0+65.9 +1.5% CAC: 3000.2 +26.0 +0.9%
(1:36 PM) DE_TTT: Note: They closed at 11:30am EST, I believe.
tomthetrader: Yes ...could be a good time to short DB and GF
(1:42 PM) *** thomas_Poland has joined the room ***
(1:44 PM) JR Roden: Are you actually going to short either DB or GF?
(2:00 PM) *** steve_45_4 has joined the room ***
tomthetrader: I am short DB
tomthetrader: 'cannot get filled on GF
(2:12 PM) *** michael_9 has joined the room ***
(2:13 PM) steve_45_4: thanks for the hard and correct work
tomthetrader: Thank you...I hope your accounts are getting filledup with Green
(2:14 PM) steve_45_4: I am not Irish but loving the color grenn lol
(2:14 PM) JR Roden: TTT - I grabbed a short on DB.
(2:15 PM) JR Roden: Just in time for this bounce
tomthetrader: It will havea long hard 3 weeks
tomthetrader: 20% drop from here
(2:19 PM) Fulkdaddy: Kass sold all his bank shorts
(2:19 PM) Fulkdaddy: and SPY shorts
tomthetrader: I think we still have aways to go
tomthetrader: I will stay 100% short
tomthetrader: will add to commodity longs or other hedges in Main or IRA as usual
(2:26 PM) *** avtrtrder has joined the room ***
(2:26 PM) JR Roden: db's bounce in the past 20 min on very small volume
tomthetrader: Yes and just got filled on GF short
tomthetrader: we should end on the lows of the day -175 or about 7898
(2:34 PM) avtrtrder: gf that a stock?
tomthetrader: GF CEF
tomthetrader: Closed end fund
tomthetrader: Buying calls on QID in to close ATM 50
tomthetrader: contracts
tomthetrader: RIMM AAPL will also fall
tomthetrader: ISRG and GOOG BIDU
tomthetrader: 1319 NQ target 1300
tomthetrader: FSLR target 135
tomthetrader: BBBY target 20.00
tomthetrader: DRYS short from 5.55 and EXM more short
tomthetrader: C Short if you can find it
tomthetrader: HGR short
tomthetrader: EXPD short
tomthetrader: STRA short
(2:46 PM) *** Yoda Michael has joined the room ***
(2:46 PM) tomthetrader: Yoda Michael was bounced from the room by tomthetrader. If you want to learn more about the rules for this room, read the room rules on the groups page or contact the owner: tomthetrader
(2:47 PM) *** redliontrader has joined the room ***
tomthetrader: FXI short
tomthetrader: INTC short into earnings with a straddle
tomthetrader: 20 contracts long 50 short
tomthetrader: 15.00
tomthetrader: april
tomthetrader: 16.03 at purchase
(2:54 PM) Nick_H_SanDiego: y
(2:54 PM) bloomert: y
(2:54 PM) redliontrader: y
(2:55 PM) steve_45_4: y
(2:55 PM) pupster: y
(2:55 PM) JR Roden: y
(2:55 PM) berniectx: Very terrific calls again today Tom...thanks for your great guidance
tomthetrader: Thank you
(2:55 PM) JR Roden: I'm w/you short on the Q's and DB
tomthetrader: You are welcome bern ..I hope you make a million and buy us a TTT Island ?
(2:56 PM) berniectx: just want to make some of what you and Thomas make
tomthetrader: Thomas probably flying over us with his Jumbo jet
tomthetrader: international man of mystery
(3:01 PM) thomas_Poland: LOL
(3:02 PM) *** plomo345 has joined the room ***
tomthetrader: good shakeouts but no stopping the selling now
tomthetrader: full reports tonight
tomthetrader: reminder ...e-mail changeover this weekend again so please take time to reply to keep you on the main ttt list
tomthetrader: thanks
tomthetrader: 64.85 skf calls bought into close
tomthetrader: SKF calls
tomthetrader: APR 65.00
(3:28 PM) eman11: Nice call Tom on the drop
(3:31 PM) eman11: Tom - are you holding your Traders account 100% short overnight
(3:33 PM) *** nebula1000 has joined the room ***
(3:36 PM) *** eman11 has joined the room ***
(3:41 PM) *** Fulkdaddy has joined the room ***
(3:41 PM) berniectx: have to run be careful...TTT the BEST of the BEST!
(3:48 PM) *** infos2 has joined the room ***
(3:50 PM) *** eman11 has joined the room ***
(3:53 PM) *** bogdan07 has joined the room ***
(3:53 PM) JR Roden: This was one big dive for DB in the past 30 min
(3:53 PM) *** TraderTim has joined the room ***
(3:55 PM) JR Roden: TTT - what is your call for the overnight session and tomorrow's open?
(3:57 PM) Nick_H_SanDiego: Tom, great call on SKF calls. they must have doubled by now that SKF is itm
(3:57 PM) *** azags has joined the room ***
(4:03 PM) JR Roden: TTT - where do you think the Q's will be by EO Week?
(4:05 PM) eman11: Has there been any audio for the last 45 min. I have not heard any. My computer has been acting up today. So I am not sure if there was no audio or if there isa problem with my computer
(4:06 PM) ajayvee: haven't heard a peep for quite a while
(4:06 PM) JR Roden: I don't think there was any audio
(4:08 PM) eman11: Thanks for letting me know
tomthetrader: sorry had a conference call
tomthetrader: really looking at a 8-10 per cent correction here
(4:11 PM) steve_45_4: important to us too
(4:13 PM) Fulkdaddy: nothing yet
(4:15 PM) steve_45_4: intc running up
(4:15 PM) steve_45_4: not anymore lol
tomthetrader: before earnings or on news ?
(4:15 PM) DE_TTT: INTC Intel prelim $0.11 vs $0.03 First Call consensus; revs $7.1 bln vs $6.98 bln First Call consensus
tomthetrader: I am short approx 20K
(4:15 PM) steve_45_4: dropping now
tomthetrader: 16.03 short
(4:15 PM) DE_TTT: Need to guide up, I think.
tomthetrader: with 5-2 leverAGE
(4:17 PM) DE_TTT: CSX CSX Corp prelim $0.62 vs $0.51 First Call consensus; revs $2.2 bln vs $2.26 bln First Call consensus
(4:17 PM) nimesh_: hmm, why is intel down, if numbers above concensus
(4:17 PM) eman11: Thanks DE for quick earnings reports updates
(4:17 PM) nimesh_: tom, what do u think about goog gorilla?
tomthetrader: sHORT gOOG
tomthetrader: bIDU ETC
(4:18 PM) eman11: intc down 4.5% after hours
(4:19 PM) JR Roden: Wow, that's a pretty good drop.
(4:19 PM) nimesh_: tom, great calls, u are da man!
(4:19 PM) DE_TTT: Intel CEO: "We believe PC sales bottomed out during the first quarter and that the industry is returning to normal seasonal patterns."
tomthetrader: RackingupHUGE GAINS
tomthetrader: Thanks
tomthetrader: Good Job
tomthetrader: Guys TTT TEAM WORLDWIDE is back in 100% FULL STRIDE
(4:20 PM) DE_TTT: Guiding for flat revenue in Q2 and mid-40s gross margin.
tomthetrader: mANY ATTEMPT ..WE TIMESTAMP AND PROVE
tomthetrader: booo yah jIM
(4:20 PM) DE_TTT: Intel plans for Q2 revs flat with Q1 revs of $7.10 bln; consensus for Q2 is $7.05 bln; gross margins are expected to be in the mid-40s
(4:21 PM) DE_TTT: Inventories down $700mm in Q1.
(4:22 PM) JR Roden: That should knock the Q's down too ... correct?
(4:38 PM) nimesh_: nasdaq futures really tanked
tomthetrader: WE i GET MY 1300 nIMESH /
tomthetrader: ebay RUNNING A BIT
tomthetrader: DNDN AJ sold perfectly was not a hog !
tomthetrader: 32.15 Q's 29.50 target
tomthetrader: anyone stay with my MAY 34.00 puts ?
tomthetrader: pretty amazing run
tomthetrader: INTC coming bACK STRONG
tomthetrader: 15.27 -16.07
tomthetrader: WE WILL SEE
tomthetrader: 1322 nq
(4:47 PM) nimesh_: tom, do u want to go long at 100 nq?
(4:47 PM) nimesh_: 1300 nq
tomthetrader: That is my target to cover 10 contracts short from 1333.50 NQ
(4:53 PM) nimesh_: nice!!. damn close
tomthetrader: yes ...will have to probably sell early cause I never hold til a target !
(4:59 PM) Alert: Could stem cell research lead to immortality? Find out NOW on News Talk Online in the Radio/TV Section [Free Video]
tomthetrader: Ebay up 5% INTC down 4%
tomthetrader: CSX up railroads OK
tomthetrader: help transports
tomthetrader: Bears may get scared early
tomthetrader: so I qam going ot cover some of the futures in TF
tomthetrader: and just carry 10 short NQ
(5:01 PM) nimesh_: Tf hanging in there
(5:01 PM) nimesh_: es drifting lower
(5:02 PM) nimesh_: nq down the most obviously due to intel
tomthetrader: I am out of TF with 22K
(5:02 PM) nimesh_: nice
tomthetrader: NQ I will hold
(5:03 PM) nimesh_: tom, do u expect us to go lower into expiration or should we see bottom tomorrow?
tomthetrader: so TRADERS will be about 80% Short
(5:05 PM) pupster: Tom the ATM MACHINE...!!!!!!
tomthetrader: It is working again
tomthetrader: someone unplugged it in Sept for a month or two
tomthetrader: I found the plug in in Nov
(5:06 PM) pupster: funny...someone tripped the plug momentarily
tomthetrader: broke down a bit in FEB But got a new one on March 3rd !
(5:10 PM) JR Roden: TTT - You asked above if anyone still had the may puts ... yes, I'm still holding them.
(5:11 PM) *** lovejunk has joined the room ***
tomthetrader: You are up nicely ?
tomthetrader: JR ?
tomthetrader: Did you sell some or just take asmall position ?
(5:27 PM) Alert: Could stem cell research lead to immortality? Find out NOW on News Talk Online in the Radio/TV Section [Free Video]
tomthetrader: E-MINI NASDAQ 100 Jun ’09 17:17:07 EDT 1,309.50 -14.50 1,312.75 1,315.75 1,304.25
tomthetrader: MINI DOW JONES INDUS.-$5 Jun ’09 17:17:07 EDT 7,843.00 -41.00 7,872.00 7,873.00 7,834.00
tomthetrader: EBAY giving up
tomthetrader: may get 1300 here
tomthetrader: 160 ES points taken covered short 160 x 50 = $8,000
(12:36 PM) DE_TTT: Great short call, Tom...all around.
tomthetrader: Thank you !
(12:37 PM) TTTMichael: Are you waiting for Intel to report beore you close out QQQ option trade??
(12:38 PM) TTTMichael: before
(12:40 PM) pupster: UNG...14.83? Tom, thoughts?
(12:41 PM) TTTMichael: NDX 1300 is not that far down.
(12:41 PM) TTTMichael: Just closes the 60 min gap.
(12:42 PM) TTTMichael: I'm chicken, used 36 puts, more delta.
(12:43 PM) pupster: in on FAZ today at average 9.83
(12:47 PM) pupster: good call today TOM..!!!
tomthetrader: Thank you ! I am just hoping folks will take the LONG calls in a Bull and Short calls in a correction and understand why we do what we do
tomthetrader: UNG is very close to a BUY
tomthetrader: My indicators do work ?
(12:52 PM) pupster: yes...!!!!!!!!!
(12:52 PM) thomas_Poland: no
(12:52 PM) thomas_Poland:
(12:53 PM) thomas_Poland: TTT go TTT
(12:53 PM) thomas_Poland: I have not seen those great options plays for some time
(12:53 PM) berniectx: you are hitting out of the park again!
tomthetrader: Needed the right conditions ..we are back Thomas
(12:54 PM) thomas_Poland: yes
(12:54 PM) thomas_Poland: and when is your book comming out ?
(12:54 PM) thomas_Poland:
tomthetrader: As soon as Bernie doubles his money !
tomthetrader: Tell us when Bern ?
(12:54 PM) thomas_Poland: who cares about bernie ?
(12:55 PM) thomas_Poland: anybody likes bernie? POLL
(12:55 PM) thomas_Poland:
(12:55 PM) berniectx: quiet Thomas! I want to double now!
(12:55 PM) thomas_Poland: bernie double the money and tell TTT to finish book
(12:56 PM) *** an_mafia has joined the room ***
(12:56 PM) thomas_Poland: I just do not want to get violent again
(12:56 PM) berniectx: would love a book by TTT Tom
(12:56 PM) thomas_Poland: yes me too
(12:57 PM) thomas_Poland: but he is writing this one for like 20 years
(12:57 PM) thomas_Poland: and now it is obsolete
(12:57 PM) thomas_Poland: he still uses decimal prices in the book
(1:01 PM) berniectx: GS getting hammered down $11.60
(1:04 PM) *** vi-ngot-doi-moi5 has joined the room ***
tomthetrader: Like college I am on the 20 year plan
tomthetrader: Thomas just wants my indicator package...wouldn't read the background stories
tomthetrader: 1315.00 NQ will move stops to 4 pooints back
(1:07 PM) arujunaa: thomas likes your package........................
tomthetrader: Oh Yeah....
tomthetrader: I don't mind that pink dress and heels too bad either !
(1:07 PM) *** NUHOANGTRAITAOTHOM_ has joined the room ***
(1:08 PM) tomthetrader: NUHOANGTRAITAOTHOM_ has been bounced from the group
tomthetrader: again move stop up on TF and NQ
tomthetrader: and FSLR FAZ URE
tomthetrader: XLF calls
(1:10 PM) thomas_Poland: hey .. Tim Knight is king !
(1:10 PM) thomas_Poland: LOL
tomthetrader: yes..his longs arenow shorts ?
tomthetrader: Steve _45_4 are youdoingOK ?
(1:11 PM) thomas_Poland: he never goes long .. at least his wife says so
tomthetrader: If you are there ?
(1:11 PM) thomas_Poland: sorry .. .had to say it
(1:11 PM) thomas_Poland:
tomthetrader: Length definitely a issue at TK house !
(1:12 PM) arujunaa:
tomthetrader:
tomthetrader: I love you guys
(1:12 PM) arujunaa: beastiality?
(1:12 PM) pupster: Tom...what's the longest time frame you've held a stock
(1:12 PM) steve_45_4: sorry Tom . yes doing great thanks and thank you for thing of me.
tomthetrader: Thank you and hope we are all on board
(1:13 PM) steve_45_4: thinking of me *
tomthetrader: tradingis a frustrating area ..we always try to give 100% ...Thomas and Aruj have been here the longest and know my weaknesses and strengths
tomthetrader: I hope we all can benefit from all the upcoming rallies and failed rallies
(1:14 PM) arujunaa: it's been a good ride tom
tomthetrader: I can usually nail the tops and bottoms
(1:14 PM) steve_45_4: your strenghts certainly out weigh any weakness
(1:15 PM) *** bloomert has joined the room ***
(1:15 PM) arujunaa: low hanging fruit tom.....
tomthetrader: Now we go for the size of the pullback which I think may be worse than the last 2-3 ...meaning over 4.5%
tomthetrader: The easy money I thought was over but I was wrong ...this was the easiest money of the year short for me
(1:16 PM) arujunaa: i was talking about the innuendo
tomthetrader: OOOPs
tomthetrader: I guess I am still hanging too tight ?
tomthetrader: Gotta let em go ?
(1:18 PM) *** avtrtrder has joined the room ***
tomthetrader: It has been a great run
(1:19 PM) arujunaa: vix down on day. this bond trader doesn't get it.
(1:19 PM) DE_TTT: Great day or two to rub out the late call buyers!
tomthetrader: Yes ...and that is it
tomthetrader: The call buyers just had to be dealt with before OPEX
tomthetrader: they had the best run since 2003
tomthetrader: call options were up 4000-5000%
(1:21 PM) *** bogdan07 has joined the room ***
tomthetrader: so they were not Dumb money
tomthetrader: 839 ES
tomthetrader: 1314 NQ
(1:23 PM) DE_TTT: I'm almost ready to buy semis again, Tom...stop me!!!
(1:24 PM) pupster: Bernake speaks soon ?...will mkt go down
tomthetrader: I am going to hold off ..and would recommend you too !
(1:24 PM) pupster: ok
tomthetrader: DE : Just wait ..10% at a time I will be back on the bull at 1275-1300 NDX ....I will be jealous if you beat me back in
(1:25 PM) DE_TTT:
(1:28 PM) pupster: what was the $4 stock u put in the IRA
tomthetrader: ISRG GOOG BIDU FXI EEM
(1:28 PM) pupster: right...thx
(1:29 PM) pupster: nice channel
tomthetrader: 838.50 from 862.50 in ES
(1:33 PM) DE_TTT: ISRG and GOOG report Thursday AMC. I believe FSLR reports Weds, April 30. Just fyi...
(1:35 PM) DE_TTT: European Markets Closing Prices: FTSE: 3989.00 +5.3 +0.1%, DAX: 4557.0+65.9 +1.5% CAC: 3000.2 +26.0 +0.9%
(1:36 PM) DE_TTT: Note: They closed at 11:30am EST, I believe.
tomthetrader: Yes ...could be a good time to short DB and GF
(1:42 PM) *** thomas_Poland has joined the room ***
(1:44 PM) JR Roden: Are you actually going to short either DB or GF?
(2:00 PM) *** steve_45_4 has joined the room ***
tomthetrader: I am short DB
tomthetrader: 'cannot get filled on GF
(2:12 PM) *** michael_9 has joined the room ***
(2:13 PM) steve_45_4: thanks for the hard and correct work
tomthetrader: Thank you...I hope your accounts are getting filledup with Green
(2:14 PM) steve_45_4: I am not Irish but loving the color grenn lol
(2:14 PM) JR Roden: TTT - I grabbed a short on DB.
(2:15 PM) JR Roden: Just in time for this bounce
tomthetrader: It will havea long hard 3 weeks
tomthetrader: 20% drop from here
(2:19 PM) Fulkdaddy: Kass sold all his bank shorts
(2:19 PM) Fulkdaddy: and SPY shorts
tomthetrader: I think we still have aways to go
tomthetrader: I will stay 100% short
tomthetrader: will add to commodity longs or other hedges in Main or IRA as usual
(2:26 PM) *** avtrtrder has joined the room ***
(2:26 PM) JR Roden: db's bounce in the past 20 min on very small volume
tomthetrader: Yes and just got filled on GF short
tomthetrader: we should end on the lows of the day -175 or about 7898
(2:34 PM) avtrtrder: gf that a stock?
tomthetrader: GF CEF
tomthetrader: Closed end fund
tomthetrader: Buying calls on QID in to close ATM 50
tomthetrader: contracts
tomthetrader: RIMM AAPL will also fall
tomthetrader: ISRG and GOOG BIDU
tomthetrader: 1319 NQ target 1300
tomthetrader: FSLR target 135
tomthetrader: BBBY target 20.00
tomthetrader: DRYS short from 5.55 and EXM more short
tomthetrader: C Short if you can find it
tomthetrader: HGR short
tomthetrader: EXPD short
tomthetrader: STRA short
(2:46 PM) *** Yoda Michael has joined the room ***
(2:46 PM) tomthetrader: Yoda Michael was bounced from the room by tomthetrader. If you want to learn more about the rules for this room, read the room rules on the groups page or contact the owner: tomthetrader
(2:47 PM) *** redliontrader has joined the room ***
tomthetrader: FXI short
tomthetrader: INTC short into earnings with a straddle
tomthetrader: 20 contracts long 50 short
tomthetrader: 15.00
tomthetrader: april
tomthetrader: 16.03 at purchase
(2:54 PM) Nick_H_SanDiego: y
(2:54 PM) bloomert: y
(2:54 PM) redliontrader: y
(2:55 PM) steve_45_4: y
(2:55 PM) pupster: y
(2:55 PM) JR Roden: y
(2:55 PM) berniectx: Very terrific calls again today Tom...thanks for your great guidance
tomthetrader: Thank you
(2:55 PM) JR Roden: I'm w/you short on the Q's and DB
tomthetrader: You are welcome bern ..I hope you make a million and buy us a TTT Island ?
(2:56 PM) berniectx: just want to make some of what you and Thomas make
tomthetrader: Thomas probably flying over us with his Jumbo jet
tomthetrader: international man of mystery
(3:01 PM) thomas_Poland: LOL
(3:02 PM) *** plomo345 has joined the room ***
tomthetrader: good shakeouts but no stopping the selling now
tomthetrader: full reports tonight
tomthetrader: reminder ...e-mail changeover this weekend again so please take time to reply to keep you on the main ttt list
tomthetrader: thanks
tomthetrader: 64.85 skf calls bought into close
tomthetrader: SKF calls
tomthetrader: APR 65.00
(3:28 PM) eman11: Nice call Tom on the drop
(3:31 PM) eman11: Tom - are you holding your Traders account 100% short overnight
(3:33 PM) *** nebula1000 has joined the room ***
(3:36 PM) *** eman11 has joined the room ***
(3:41 PM) *** Fulkdaddy has joined the room ***
(3:41 PM) berniectx: have to run be careful...TTT the BEST of the BEST!
(3:48 PM) *** infos2 has joined the room ***
(3:50 PM) *** eman11 has joined the room ***
(3:53 PM) *** bogdan07 has joined the room ***
(3:53 PM) JR Roden: This was one big dive for DB in the past 30 min
(3:53 PM) *** TraderTim has joined the room ***
(3:55 PM) JR Roden: TTT - what is your call for the overnight session and tomorrow's open?
(3:57 PM) Nick_H_SanDiego: Tom, great call on SKF calls. they must have doubled by now that SKF is itm
(3:57 PM) *** azags has joined the room ***
(4:03 PM) JR Roden: TTT - where do you think the Q's will be by EO Week?
(4:05 PM) eman11: Has there been any audio for the last 45 min. I have not heard any. My computer has been acting up today. So I am not sure if there was no audio or if there isa problem with my computer
(4:06 PM) ajayvee: haven't heard a peep for quite a while
(4:06 PM) JR Roden: I don't think there was any audio
(4:08 PM) eman11: Thanks for letting me know
tomthetrader: sorry had a conference call
tomthetrader: really looking at a 8-10 per cent correction here
(4:11 PM) steve_45_4: important to us too
(4:13 PM) Fulkdaddy: nothing yet
(4:15 PM) steve_45_4: intc running up
(4:15 PM) steve_45_4: not anymore lol
tomthetrader: before earnings or on news ?
(4:15 PM) DE_TTT: INTC Intel prelim $0.11 vs $0.03 First Call consensus; revs $7.1 bln vs $6.98 bln First Call consensus
tomthetrader: I am short approx 20K
(4:15 PM) steve_45_4: dropping now
tomthetrader: 16.03 short
(4:15 PM) DE_TTT: Need to guide up, I think.
tomthetrader: with 5-2 leverAGE
(4:17 PM) DE_TTT: CSX CSX Corp prelim $0.62 vs $0.51 First Call consensus; revs $2.2 bln vs $2.26 bln First Call consensus
(4:17 PM) nimesh_: hmm, why is intel down, if numbers above concensus
(4:17 PM) eman11: Thanks DE for quick earnings reports updates
(4:17 PM) nimesh_: tom, what do u think about goog gorilla?
tomthetrader: sHORT gOOG
tomthetrader: bIDU ETC
(4:18 PM) eman11: intc down 4.5% after hours
(4:19 PM) JR Roden: Wow, that's a pretty good drop.
(4:19 PM) nimesh_: tom, great calls, u are da man!
(4:19 PM) DE_TTT: Intel CEO: "We believe PC sales bottomed out during the first quarter and that the industry is returning to normal seasonal patterns."
tomthetrader: RackingupHUGE GAINS
tomthetrader: Thanks
tomthetrader: Good Job
tomthetrader: Guys TTT TEAM WORLDWIDE is back in 100% FULL STRIDE
(4:20 PM) DE_TTT: Guiding for flat revenue in Q2 and mid-40s gross margin.
tomthetrader: mANY ATTEMPT ..WE TIMESTAMP AND PROVE
tomthetrader: booo yah jIM
(4:20 PM) DE_TTT: Intel plans for Q2 revs flat with Q1 revs of $7.10 bln; consensus for Q2 is $7.05 bln; gross margins are expected to be in the mid-40s
(4:21 PM) DE_TTT: Inventories down $700mm in Q1.
(4:22 PM) JR Roden: That should knock the Q's down too ... correct?
(4:38 PM) nimesh_: nasdaq futures really tanked
tomthetrader: WE i GET MY 1300 nIMESH /
tomthetrader: ebay RUNNING A BIT
tomthetrader: DNDN AJ sold perfectly was not a hog !
tomthetrader: 32.15 Q's 29.50 target
tomthetrader: anyone stay with my MAY 34.00 puts ?
tomthetrader: pretty amazing run
tomthetrader: INTC coming bACK STRONG
tomthetrader: 15.27 -16.07
tomthetrader: WE WILL SEE
tomthetrader: 1322 nq
(4:47 PM) nimesh_: tom, do u want to go long at 100 nq?
(4:47 PM) nimesh_: 1300 nq
tomthetrader: That is my target to cover 10 contracts short from 1333.50 NQ
(4:53 PM) nimesh_: nice!!. damn close
tomthetrader: yes ...will have to probably sell early cause I never hold til a target !
(4:59 PM) Alert: Could stem cell research lead to immortality? Find out NOW on News Talk Online in the Radio/TV Section [Free Video]
tomthetrader: Ebay up 5% INTC down 4%
tomthetrader: CSX up railroads OK
tomthetrader: help transports
tomthetrader: Bears may get scared early
tomthetrader: so I qam going ot cover some of the futures in TF
tomthetrader: and just carry 10 short NQ
(5:01 PM) nimesh_: Tf hanging in there
(5:01 PM) nimesh_: es drifting lower
(5:02 PM) nimesh_: nq down the most obviously due to intel
tomthetrader: I am out of TF with 22K
(5:02 PM) nimesh_: nice
tomthetrader: NQ I will hold
(5:03 PM) nimesh_: tom, do u expect us to go lower into expiration or should we see bottom tomorrow?
tomthetrader: so TRADERS will be about 80% Short
(5:05 PM) pupster: Tom the ATM MACHINE...!!!!!!
tomthetrader: It is working again
tomthetrader: someone unplugged it in Sept for a month or two
tomthetrader: I found the plug in in Nov
(5:06 PM) pupster: funny...someone tripped the plug momentarily
tomthetrader: broke down a bit in FEB But got a new one on March 3rd !
(5:10 PM) JR Roden: TTT - You asked above if anyone still had the may puts ... yes, I'm still holding them.
(5:11 PM) *** lovejunk has joined the room ***
tomthetrader: You are up nicely ?
tomthetrader: JR ?
tomthetrader: Did you sell some or just take asmall position ?
(5:27 PM) Alert: Could stem cell research lead to immortality? Find out NOW on News Talk Online in the Radio/TV Section [Free Video]
tomthetrader: E-MINI NASDAQ 100 Jun ’09 17:17:07 EDT 1,309.50 -14.50 1,312.75 1,315.75 1,304.25
tomthetrader: MINI DOW JONES INDUS.-$5 Jun ’09 17:17:07 EDT 7,843.00 -41.00 7,872.00 7,873.00 7,834.00
tomthetrader: EBAY giving up
tomthetrader: may get 1300 here
Monday, April 13, 2009
TRADERS GOES TO 100% SHORT IN ES FROM 863
Our short term TRADERS are 100% Short now
Tom
If you want 20 e-mails per day and our portfolios for short int. and long term
PayPal $125 to : tomandprisha@msn.com
Thank you !
Tom
If you want 20 e-mails per day and our portfolios for short int. and long term
PayPal $125 to : tomandprisha@msn.com
Thank you !
Thursday, April 9, 2009
WHAT MY MEMBERS SAY : Please Join Us Today!!!
Tom,
I want to say that I really appreciate what you do. I have been around the markets for a long time,
as an intermediate term investor: buying breakouts, buying strength and selling weakness.
You are showing me however, how to shorten my time frame which requires a completely different
mind frame. Now I am learning, thanks to you, how to buy weakness and sell into strength!!
I am learning that options are sometimes the best allocation of capital.
I think now that the easy money has been made, and overhead supply is becoming more and more
a factor, that your methods are the best.
Keep up the good work and never fail to appreciate how much you offer. Don't change a thing.
TTT Michael
Please PayPal : $125 to : tomandprisha@msn.com
Or call anytime ...850-329-6745
Tom
I want to say that I really appreciate what you do. I have been around the markets for a long time,
as an intermediate term investor: buying breakouts, buying strength and selling weakness.
You are showing me however, how to shorten my time frame which requires a completely different
mind frame. Now I am learning, thanks to you, how to buy weakness and sell into strength!!
I am learning that options are sometimes the best allocation of capital.
I think now that the easy money has been made, and overhead supply is becoming more and more
a factor, that your methods are the best.
Keep up the good work and never fail to appreciate how much you offer. Don't change a thing.
TTT Michael
Please PayPal : $125 to : tomandprisha@msn.com
Or call anytime ...850-329-6745
Tom
WE NEED YOU TO JOIN
WFC
FAS
UYG
CAT
4 reasons to join
paypal $125 to : tomandprisha@msn.com
Tom
850-329-6745
FAS
UYG
CAT
4 reasons to join
paypal $125 to : tomandprisha@msn.com
Tom
850-329-6745
Tuesday, April 7, 2009
5% Correction Nearly Over
We are through the worst of this correction from the 30% gains in the broad indexes and we will be putting in a short term bottom tomorrow with a more lasting rally starting next week.
Please take the time to join me today ...you will get all the e-mails and data info that only pros like myself get.
I am the #1 market timer on the web and will help you make money instantly.
PayPal $125 to: tomandprisha@msn.com
Or call me at 850-329-6745
You need 33 years of trading experience in your corner.
Tom
Please take the time to join me today ...you will get all the e-mails and data info that only pros like myself get.
I am the #1 market timer on the web and will help you make money instantly.
PayPal $125 to: tomandprisha@msn.com
Or call me at 850-329-6745
You need 33 years of trading experience in your corner.
Tom
Monday, April 6, 2009
RIMM BLUD Earnings...who is next ?
BLUD we got in and out with big 8% gain and RIMM keeps going
Join us today for 24/7 service
Tom
PayPal $125 to tomandprisha@msn.com
Follow me on Twitter follow tomandprisha
Join us today for 24/7 service
Tom
PayPal $125 to tomandprisha@msn.com
Follow me on Twitter follow tomandprisha
Friday, April 3, 2009
WHAT A RIDE TIME TO TAKE PROFITS : BUY QID
Portfolio Create new portfolioTRADERSTTT Main FundTTT IRA Account\"THE BUYS OF A LIFETIME \"FOR THOSE WHO MISSED OUT view | edit | delete | create new | open in screener
No. Ticker Company Price Change% Volume Transaction Date Shares Cost Market Value Gain$ Gain% Change$
1. ZF Zweig Fund Inc. 2.60 -0.76% 22,710 Buy 03-04-09 100,000 2.04 259999.99 55999.99 27.45% -2000.00
2. MCD McDonald's Corp. 55.82 -0.94% 744,898 Buy 03-23-09 10,000 53.2 558200.00 26200.00 4.92% -5299.99
3. VZ Verizon Communications Inc. 32.47 0.03% 1,524,126 Buy 03-23-09 10,000 29.61 324700.01 28600.01 9.66% 100.02
4. RIMM Research In Motion Ltd. 60.00 22.22% 21,344,776 Buy 03-30-09 10,000 42.5 600000.00 175000.00 41.18% 109100.00
5. OXY Occidental Petroleum Corporation 60.39 0.47% 668,381 Buy 04-02-09 10,000 57.33 603899.99 30599.99 5.34% 2799.99
6. DAG PowerShares DB Agriculture Dble Long ETN 9.10 -0.98% 25,056 Buy 04-02-09 100,000 8.83 910000.04 27000.04 3.06% -8999.92
7. USA Liberty All Star Equity Fund 3.04 -0.98% 154,923 Buy 04-02-09 300,000 2.95 911999.99 26999.99 3.05% -8999.99
8. ERTS Electronic Arts Inc. 19.84 2.01% 303,729 Buy 04-02-09 10,000 19.04 198400.00 8000.00 4.20% 3899.99
9. HAL Halliburton Company 16.81 3.00% 2,330,957 Buy 04-02-09 10,000 16 168099.99 8099.99 5.06% 4900.00
Total 9 Stocks 2.15% 4535300.02 386500.02 9.32% 95500.10
Portfolio Create new portfolioTRADERSTTT Main FundTTT IRA Account\"THE BUYS OF A LIFETIME \"FOR THOSE WHO MISSED OUT view | edit | delete | create new | open in screener
No. Ticker Company Price Change% Volume Transaction Date Shares Cost Market Value Gain$ Gain% Change$
1. ZF Zweig Fund Inc. 2.60 -0.76% 27,410 Buy 03-20-09 100,000 2.04 259999.99 55999.99 27.45% -2000.00
2. CELG Celgene Corporation 40.99 0.54% 1,640,824 Buy 04-02-09 10,000 38.47 409900.02 25200.02 6.55% 2200.01
3. GILD Gilead Sciences Inc. 46.61 4.27% 4,560,553 Buy 04-02-09 10,000 45.18 466100.01 14300.01 3.17% 19100.00
4. IBM International Business Machines Corp. 101.45 0.62% 1,642,636 Buy 04-02-09 10,000 97.61 1014499.97 38399.97 3.93% 6299.97
5. HAL Halliburton Company 16.80 2.94% 2,752,107 Buy 04-02-09 10,000 15.55 167999.99 12499.99 8.04% 4800.00
6. COST Costco Wholesale Corp. 48.28 0.45% 355,549 Buy 04-02-09 10,000 46.35 482850.00 19350.00 4.17% 2150.00
7. HES Hess Corporation 58.85 0.65% 246,755 Buy 04-02-09 10,000 55.48 588499.98 33699.98 6.07% 3799.97
8. DAG PowerShares DB Agriculture Dble Long ETN 9.10 -0.98% 25,056 Buy 04-02-09 50,000 8.83 455000.02 13500.02 3.06% -4499.96
Total 8 Stocks 0.84% 3844849.98 212949.98 5.86% 31849.99
TTT
850-329-6745
tomandprisha@msn.com
Investing Made Easy !!!
No. Ticker Company Price Change% Volume Transaction Date Shares Cost Market Value Gain$ Gain% Change$
1. ZF Zweig Fund Inc. 2.60 -0.76% 22,710 Buy 03-04-09 100,000 2.04 259999.99 55999.99 27.45% -2000.00
2. MCD McDonald's Corp. 55.82 -0.94% 744,898 Buy 03-23-09 10,000 53.2 558200.00 26200.00 4.92% -5299.99
3. VZ Verizon Communications Inc. 32.47 0.03% 1,524,126 Buy 03-23-09 10,000 29.61 324700.01 28600.01 9.66% 100.02
4. RIMM Research In Motion Ltd. 60.00 22.22% 21,344,776 Buy 03-30-09 10,000 42.5 600000.00 175000.00 41.18% 109100.00
5. OXY Occidental Petroleum Corporation 60.39 0.47% 668,381 Buy 04-02-09 10,000 57.33 603899.99 30599.99 5.34% 2799.99
6. DAG PowerShares DB Agriculture Dble Long ETN 9.10 -0.98% 25,056 Buy 04-02-09 100,000 8.83 910000.04 27000.04 3.06% -8999.92
7. USA Liberty All Star Equity Fund 3.04 -0.98% 154,923 Buy 04-02-09 300,000 2.95 911999.99 26999.99 3.05% -8999.99
8. ERTS Electronic Arts Inc. 19.84 2.01% 303,729 Buy 04-02-09 10,000 19.04 198400.00 8000.00 4.20% 3899.99
9. HAL Halliburton Company 16.81 3.00% 2,330,957 Buy 04-02-09 10,000 16 168099.99 8099.99 5.06% 4900.00
Total 9 Stocks 2.15% 4535300.02 386500.02 9.32% 95500.10
Portfolio Create new portfolioTRADERSTTT Main FundTTT IRA Account\"THE BUYS OF A LIFETIME \"FOR THOSE WHO MISSED OUT view | edit | delete | create new | open in screener
No. Ticker Company Price Change% Volume Transaction Date Shares Cost Market Value Gain$ Gain% Change$
1. ZF Zweig Fund Inc. 2.60 -0.76% 27,410 Buy 03-20-09 100,000 2.04 259999.99 55999.99 27.45% -2000.00
2. CELG Celgene Corporation 40.99 0.54% 1,640,824 Buy 04-02-09 10,000 38.47 409900.02 25200.02 6.55% 2200.01
3. GILD Gilead Sciences Inc. 46.61 4.27% 4,560,553 Buy 04-02-09 10,000 45.18 466100.01 14300.01 3.17% 19100.00
4. IBM International Business Machines Corp. 101.45 0.62% 1,642,636 Buy 04-02-09 10,000 97.61 1014499.97 38399.97 3.93% 6299.97
5. HAL Halliburton Company 16.80 2.94% 2,752,107 Buy 04-02-09 10,000 15.55 167999.99 12499.99 8.04% 4800.00
6. COST Costco Wholesale Corp. 48.28 0.45% 355,549 Buy 04-02-09 10,000 46.35 482850.00 19350.00 4.17% 2150.00
7. HES Hess Corporation 58.85 0.65% 246,755 Buy 04-02-09 10,000 55.48 588499.98 33699.98 6.07% 3799.97
8. DAG PowerShares DB Agriculture Dble Long ETN 9.10 -0.98% 25,056 Buy 04-02-09 50,000 8.83 455000.02 13500.02 3.06% -4499.96
Total 8 Stocks 0.84% 3844849.98 212949.98 5.86% 31849.99
TTT
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tomandprisha@msn.com
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Thursday, April 2, 2009
YOU CAN STILL DO IT !!!
This BULL that Only I called is going much further ...many think that we will go back but you know deep down they are wrong we bought the lows in NOVEMBER and MARCH and continue to double our money every quarter !
Please help your family and your membership gives you honest timestamped results on TWITTER and via e-mails ...please take the time as we now have 40 positions you can take next week in options on earnings.
Please join today !
Pay $125 to PayPal : tomandprisha@msn.com
Tom
Please help your family and your membership gives you honest timestamped results on TWITTER and via e-mails ...please take the time as we now have 40 positions you can take next week in options on earnings.
Please join today !
Pay $125 to PayPal : tomandprisha@msn.com
Tom
Tuesday, March 31, 2009
TTT $125 FOR THE BEST SEVICES ON THE WEB FOR ACTIVE TRADERS
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We are cash management but will take a shot ...
We are TTT HEDGE FUND 2009
Join us while we are still enjoying 100% gains every quarter.
Come see what you are missing ...PayPal $125 or come see me on Twitter
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Tom
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We are aggressive But Safety 1st
We are cash management but will take a shot ...
We are TTT HEDGE FUND 2009
Join us while we are still enjoying 100% gains every quarter.
Come see what you are missing ...PayPal $125 or come see me on Twitter
Follow tomandprisha
Then come here and get the MEGA TRADERS DEAL !
Tom
24/7
Sunday, March 29, 2009
TTT COMMENTARY : LET'S LOOK AHEAD !
Hi ,
I hope you are having a enjoyable weekend and I am attaching a tremendous piece of history for you to enjoy from one of our Traders on Paltalk JBLJudy whom has been a tremendous asset in our daily chat for several months...I thank her and her family for their efforts !
It brings up one of the most interesting subjects that has caused a ton of controversy in the past election and keeps erupting daily that effects the way our economy in my opinion will turn out years from now ...we as investors traders have to keep up day to day but I rarely speak of the generational changes that I think will take place due to this period of extreme excess we have gone through.
For the long term please do not count America out ...I here all too often ( and rightfully so ) how our country has done such harm and our values have changed and we will be the next socialist country blah blah blah.
I look at what my 33 years + on stock trading has seen and it makes me even more confident despite dire predictions and deficits for our lifetime that it is time for us to look back at all the excesses and see how our kids will be affected...maybe it is a GOOD thing as some are reporting.
I was there in 1963 as my father ( on a piece of typing paper ) signed a contract with him for our house a $34,000.00 property in Clinton Iowa and I vividly remember the straight lines that said I Patrick Malone promise to pay $65.00 per month until the debt was free and clear ...no bank ..just two trusting gentlemen working out something beneficial to both ...also in those times the banks were also lending money on cars but our cars were paid for in cash ...usually from bonuses my father made from working 60 hours a week as a travelling salesman.
Paying for things in cash or running a "tab" at the local grocer...we couldn't make ends meet at times so the grocer took on your debt knowing things would work out ...that was then. Now we have created a few decades of Credit cycles that led the banks and EVERYONE ELSE leverage the good times up . Some of course did it illegally and some are still paying for the massive greed but we all are to blame to a certain extent. Who hasn't bought something they didn't need or something that was just too much for their budget or have pampered their kids with way too many "designer" items and let them have things they really do not deserve because they have not earned them.
This mess we are in that I have been pretty Pollyanna about because I have seen and studied the Great Depression and was making oil well drilling pipes in the 73-74 recession where I do not think things could have ever been worse ! But I got into schools and stayed fascinated not so much in the money but the GREAT GIFT OF CAPITALISM...you really can ...through hard work and education make it in America and have things that you never dreamed of if you follow some easy guidelines.
Those guidelines have been tossed out several times since my Dad signed that contract for a house in 1963 and I have never seen a time when people distrust each other as much or countries distrust America. And maybe it is deserved ..we as a nation have not lived up to our potential for over a decade and my hopes are that with reminders of where this country has been will lead us to a new view of we can get it back by doing the little things that may become "normal" again ...paying with cash ...cutting coupons ...eating out less and enjoying family discussions and leading our kids to THINK at least about the history you and I have been through and how by staying true to yourself and to your country especially in the rough times can lead to a greater sense of self and country ...patriotism is not a value we speak of much lately and believe it or not it may be one of our most patriotic progressive times ahead if we can work on this crisis as a nation and as friends of capitalism.
The video represents to me what is good with the US ...we have had millions give their lives for this country but we still have millions of detractors in this country that we allow to speak their minds and they are not unpatriotic to disagree but once the line is drawn where you burn a flag or pray that this President fails to enhance your political parties chances or help a special interest ...we should pay attention .
Finally , I want to say that our financial system has been irresponsible and corporate America has been way too greedy way too long which along with poor policy and lack of outlook for our kids has put us through the Bubbles of the past decade and lead most to believe that America's best days are behind us ...I disagree...I see opportunity ...opportunity to FIX what is wrong and to follow this President and the next ...Black , brown Independent or Republican and to help our kids understand that this most wealthy of countries can make mistakes ...can abuse and mistakes rights and privileges and make a mess but we will always clean it up and own up to our mistakes and live a life that is one guided by the will of our family values we have upheld over two centuries. I think that this enormous test of our ingenuity and our faith will be answered with further tough times but ultimately a stronger more wiser nation that once again lives within it's means and takes on a global economy with a strength and patriotic fervor like seen in the early sixties ...this is my hope and I certainly will be watching with my heart and my wallet as the crisis continue to unfold and we try to invest and retire proud of our accomplishments and not left in shame as the generation whom took all the best America had to offer and gave nothing back.
Commentary from TTT and a Cubs fan !
Thanks For Being a TTT Member
I hope you are having a enjoyable weekend and I am attaching a tremendous piece of history for you to enjoy from one of our Traders on Paltalk JBLJudy whom has been a tremendous asset in our daily chat for several months...I thank her and her family for their efforts !
It brings up one of the most interesting subjects that has caused a ton of controversy in the past election and keeps erupting daily that effects the way our economy in my opinion will turn out years from now ...we as investors traders have to keep up day to day but I rarely speak of the generational changes that I think will take place due to this period of extreme excess we have gone through.
For the long term please do not count America out ...I here all too often ( and rightfully so ) how our country has done such harm and our values have changed and we will be the next socialist country blah blah blah.
I look at what my 33 years + on stock trading has seen and it makes me even more confident despite dire predictions and deficits for our lifetime that it is time for us to look back at all the excesses and see how our kids will be affected...maybe it is a GOOD thing as some are reporting.
I was there in 1963 as my father ( on a piece of typing paper ) signed a contract with him for our house a $34,000.00 property in Clinton Iowa and I vividly remember the straight lines that said I Patrick Malone promise to pay $65.00 per month until the debt was free and clear ...no bank ..just two trusting gentlemen working out something beneficial to both ...also in those times the banks were also lending money on cars but our cars were paid for in cash ...usually from bonuses my father made from working 60 hours a week as a travelling salesman.
Paying for things in cash or running a "tab" at the local grocer...we couldn't make ends meet at times so the grocer took on your debt knowing things would work out ...that was then. Now we have created a few decades of Credit cycles that led the banks and EVERYONE ELSE leverage the good times up . Some of course did it illegally and some are still paying for the massive greed but we all are to blame to a certain extent. Who hasn't bought something they didn't need or something that was just too much for their budget or have pampered their kids with way too many "designer" items and let them have things they really do not deserve because they have not earned them.
This mess we are in that I have been pretty Pollyanna about because I have seen and studied the Great Depression and was making oil well drilling pipes in the 73-74 recession where I do not think things could have ever been worse ! But I got into schools and stayed fascinated not so much in the money but the GREAT GIFT OF CAPITALISM...you really can ...through hard work and education make it in America and have things that you never dreamed of if you follow some easy guidelines.
Those guidelines have been tossed out several times since my Dad signed that contract for a house in 1963 and I have never seen a time when people distrust each other as much or countries distrust America. And maybe it is deserved ..we as a nation have not lived up to our potential for over a decade and my hopes are that with reminders of where this country has been will lead us to a new view of we can get it back by doing the little things that may become "normal" again ...paying with cash ...cutting coupons ...eating out less and enjoying family discussions and leading our kids to THINK at least about the history you and I have been through and how by staying true to yourself and to your country especially in the rough times can lead to a greater sense of self and country ...patriotism is not a value we speak of much lately and believe it or not it may be one of our most patriotic progressive times ahead if we can work on this crisis as a nation and as friends of capitalism.
The video represents to me what is good with the US ...we have had millions give their lives for this country but we still have millions of detractors in this country that we allow to speak their minds and they are not unpatriotic to disagree but once the line is drawn where you burn a flag or pray that this President fails to enhance your political parties chances or help a special interest ...we should pay attention .
Finally , I want to say that our financial system has been irresponsible and corporate America has been way too greedy way too long which along with poor policy and lack of outlook for our kids has put us through the Bubbles of the past decade and lead most to believe that America's best days are behind us ...I disagree...I see opportunity ...opportunity to FIX what is wrong and to follow this President and the next ...Black , brown Independent or Republican and to help our kids understand that this most wealthy of countries can make mistakes ...can abuse and mistakes rights and privileges and make a mess but we will always clean it up and own up to our mistakes and live a life that is one guided by the will of our family values we have upheld over two centuries. I think that this enormous test of our ingenuity and our faith will be answered with further tough times but ultimately a stronger more wiser nation that once again lives within it's means and takes on a global economy with a strength and patriotic fervor like seen in the early sixties ...this is my hope and I certainly will be watching with my heart and my wallet as the crisis continue to unfold and we try to invest and retire proud of our accomplishments and not left in shame as the generation whom took all the best America had to offer and gave nothing back.
Commentary from TTT and a Cubs fan !
Thanks For Being a TTT Member
Saturday, March 28, 2009
TTT GOES TWITTER WITH UP TO MINUTE STOCK PICKS AND MARKET TIMING
Many have wondered how I call the market so well in real time with timestamps and get 4000% gains in a Bear Market being a Bull Pattern Trader /
It is buying the dips !
It is a proven strategy and now you can watch the work as it happens and leave no doubt as whether this TTT HEDGE FUND IS FOR REAL....
Twitter now has TTT Hedge Fund up to the second
Join me at Twitter by looking for tomandprisha
once you register and FOLLOW tomandprisha you will see why joining TTT HEDGE FUND for just $125 a year is the best investment you will ever make.
So if you give your trades for free why join ?
TTT gives the investor "inside trades" that no one gets ...inside information only the prose get and it would cost you to get that info over $10,000.00 per year ..our nework of money managers and professional traders team together to not give you just my TTT Buy and sell signals but reportsfrom all major voices in the industry at a critical time .
Plus you get the 24/7 hotline to me ..I am the only one who cares enough about the individual investor to give so much for so little ...I am looking out for you so come join me on TWITTER and join the TTT Hedge Fund Team
Follow me on Twitter tomandprisha then PayPal $125 to tomandprisha@msn.com to become a member of the most exclusive group of investors on the web ...Join today!
Tom
850-329-6745
It is buying the dips !
It is a proven strategy and now you can watch the work as it happens and leave no doubt as whether this TTT HEDGE FUND IS FOR REAL....
Twitter now has TTT Hedge Fund up to the second
Join me at Twitter by looking for tomandprisha
once you register and FOLLOW tomandprisha you will see why joining TTT HEDGE FUND for just $125 a year is the best investment you will ever make.
So if you give your trades for free why join ?
TTT gives the investor "inside trades" that no one gets ...inside information only the prose get and it would cost you to get that info over $10,000.00 per year ..our nework of money managers and professional traders team together to not give you just my TTT Buy and sell signals but reportsfrom all major voices in the industry at a critical time .
Plus you get the 24/7 hotline to me ..I am the only one who cares enough about the individual investor to give so much for so little ...I am looking out for you so come join me on TWITTER and join the TTT Hedge Fund Team
Follow me on Twitter tomandprisha then PayPal $125 to tomandprisha@msn.com to become a member of the most exclusive group of investors on the web ...Join today!
Tom
850-329-6745
Thursday, March 26, 2009
WE ARE THE ONLY ONES TO CALL A NEW BULL AND THE 300% MOVES IN DOZENS OF STOCKS FUTURES AND OPTIONS
The list of 1st's are unreal...it is hard for me to explain at times but february was the largest Fakeout in stock market history and we are now JUST GETTING GOING !
875 is baked in and we will take profits but will buy every 1-3% correction for months ....many say that you cannot trade your way to profits ...they could not be more wrong ...it is the only way to make and secure your financial future.
please spend the small fee to join ...you will most likely make it back the same day ...
"I joined at 11:00pm and Tom sent me all the rules and regs and asked if i could buy 1000 shares of BGU for a swing trade ...well I still have it up over 60% !!! What a first trade ...he wasalready in TNA and options on QLD ....so I was surprised he continued to buy futures long today and still garnered so much profit !...I am sold that the TTT BUY SIGNAL IS THE ONLY WAY TO TRADE ...thank you so much for allowing me on the TTT team...after talking to members that have been with Tom , they don't want you to grow too much as the secret needs to stay here ! "
E. San Fran CA
PayPal $125 to : tomandprisha@msn.com
Or call 850-329-6745 for a BULL MARKET RUN SPECIAL
Tom
24/7
875 is baked in and we will take profits but will buy every 1-3% correction for months ....many say that you cannot trade your way to profits ...they could not be more wrong ...it is the only way to make and secure your financial future.
please spend the small fee to join ...you will most likely make it back the same day ...
"I joined at 11:00pm and Tom sent me all the rules and regs and asked if i could buy 1000 shares of BGU for a swing trade ...well I still have it up over 60% !!! What a first trade ...he wasalready in TNA and options on QLD ....so I was surprised he continued to buy futures long today and still garnered so much profit !...I am sold that the TTT BUY SIGNAL IS THE ONLY WAY TO TRADE ...thank you so much for allowing me on the TTT team...after talking to members that have been with Tom , they don't want you to grow too much as the secret needs to stay here ! "
E. San Fran CA
PayPal $125 to : tomandprisha@msn.com
Or call 850-329-6745 for a BULL MARKET RUN SPECIAL
Tom
24/7
Wednesday, March 25, 2009
(1:25 PM) bogdan07: 27.06/07
(1:25 PM) steve_45_4: this for traders
tomthetrader: Long 4 SPX cash 810 .00 stop 804.00
(1:37 PM) Fulkdaddy: Tom, we had a gap down and fill and rollover to close at LOD yesterday
(1:38 PM) Fulkdaddy: Today we have a gap up and run only to roll over again...if we finish LOD, would this indicate a change in character for this up move?\
(1:39 PM) Fulkdaddy: for the short-term
(1:39 PM) Fulkdaddy: I would like to see a big whack to scare people out..then we can run it up big
tomthetrader: should have a good rally into the close today
tomthetrader: but if we get a selloff ...it would really provide a great entry sub 800
(1:42 PM) Fulkdaddy: It just feels like the market ran too far, too fast and needs to consolidate the gains before the next rip higher
tomthetrader: depends on your risk and drwdown ability
(1:42 PM) Fulkdaddy: low to both
tomthetrader: yes
tomthetrader: it is a better bet to see the real BUY signals
tomthetrader: as we drop down to fill the gap
(1:44 PM) Fulkdaddy: I still do not understand why gaps get filled
tomthetrader: Just nature !
tomthetrader: It is the natural occurrences of math
tomthetrader: which i am very poor at 1
tomthetrader: ....I am sure we have a mean reversion expert who could explain 100 years of gaps filling and trend days
tomthetrader: but I am way too dumb for that .
(1:46 PM) Fulkdaddy: Kass covering GS $112.50 short trade at 108 and S&P 500 short rentals
tomthetrader: I let them do the work and i will trade them !
tomthetrader: Kass is short SPY now ?
(1:47 PM) Fulkdaddy: He covered his SPY short
(1:47 PM) pupster: love Tommy Bahama shirts
(1:47 PM) dhmohan1963: i am sorry who is kass
(1:49 PM) dhmohan1963: thx
tomthetrader: You are welcome
(1:56 PM) JR Roden: I gotta run. I closed my short from this AM since TTT is confident we'll start upward again. I'm going to chaperone 20+ 8th graders at sciene fair at Bowling Green University ... wish me luck
tomthetrader: GOOD LUCK ENJOY
tomthetrader: You may need some luck with 8th graders !
(1:59 PM) JR Roden: Great kids (but they are bigger than me.) Make some money and get this market moving up again.
tomthetrader: Will do ..can't lose now ...BUY signal if we go lower and are in if we go higher ..if this is a BULL it will be known soon !
(2:01 PM) Fulkdaddy: have fun JR
tomthetrader: Stocks and bonds "coupled" ?
tomthetrader: UNCH Dow now
tomthetrader: sell programs
tomthetrader: bit of panic selling
(2:03 PM) Nick_H_SanDiego: did some news just come out?
tomthetrader: we were stopped Again at 804
tomthetrader: Just sell programs
tomthetrader: I see no news just a rollover like yesterday
(2:06 PM) dhmohan1963: do you think we fill up gap from 3 days ago unemployment coming out tomorrow
tomthetrader: again will reenter ES at SPX 802 .00 the lowswe bought overnight for 20.00 ES we will add 10 contracts at 800 ES no stops till tomorrow
(2:09 PM) Fulkdaddy: Is a bounce at 800-804 too obvious?
(2:09 PM) Fulkdaddy: Do they have to take it below it to wipe out the stops?
tomthetrader: seems like a lot of stops have been hit
tomthetrader: we have some pretty good number
tomthetrader: Market is acting very well
tomthetrader: p.c. got as low as .55 thisa.m. many call buyers got waxed
tomthetrader: but now up to better levels 800 psych level as is 30.00 Q's
(2:19 PM) pupster: do Banks wanna rollover here
tomthetrader: They seem to have a pattern of getting just there and rallying
tomthetrader: difficult to say
(2:20 PM) pupster: Fulk is trying push em over the edge
tomthetrader: I see nothinbg really negative here
(2:21 PM) Fulkdaddy: I agree Tom...they have just run too far too fast?
tomthetrader: I am out of finaNCIALA so i hope they do whatdave and anyone short wants ...I want to see the market handle bad news well
tomthetrader: and so far they got ecastatic on good news ( froth0 now are neutral on bad news from all sorts of rumors and a bad auction which shows Bonds and stocks are 'coupled' for now
(2:25 PM) Nick_H_SanDiego: what does it mean when stocks and bonds are no longer inverse relation?
tomthetrader: Again we have 10 ES from 800 an dwe will dtop at 7440 for now
tomthetrader: 741.00 stop 10 ES
tomthetrader: again we arelong ES and QLD as aswing into April fools day
(2:31 PM) Fulkdaddy: Tom, 50 day ma at 793.
(2:31 PM) Fulkdaddy: could get a bounce here if not sooner
tomthetrader: we are near a buy signal but many indicators won't turn til more seling and mor eput buying
tomthetrader: RUT only down .3%
tomthetrader: a/d still +
tomthetrader: we will add 10Es to get to 20Es at 798 even
tomthetrader: 100 % long here
(2:38 PM) Nick_H_SanDiego: We have the 50% retracement in ESM9 @ 792.50 (retrace of 761.50 low to 823.50 hi)
(2:49 PM) TraderTim: A/D: -659 Trin: 196 P/C: .85 BKX: -1.2%
tomthetrader: TTT BUY SIGNAL IN PLACE
tomthetrader: we should get a 3% move up in the coming 3 sessions ...
(2:50 PM) TraderTim: Trannies: -2.8% Commod index: -1% 10's Yield is now 2.768 +4%
tomthetrader: 1st TTT Buy Signal Since march 3rd
tomthetrader: 100% All IN in all portfolios
(2:57 PM) Fulkdaddy: Lets give credit to this selloff where credit is due...the Abby Joseph Cohn indicator works again
tomthetrader: She was the queen of the 90's bull 1
(2:58 PM) Fulkdaddy: crushed since
tomthetrader: a few jobs too
(2:58 PM) Fulkdaddy: her idea of getting conservative in this bear was by going from 65% equities to 60%
tomthetrader: as low as Marty Zweig got was 79% long
(2:59 PM) Fulkdaddy: WOW!
(2:59 PM) Fulkdaddy: He must have been wiped out?
tomthetrader: and I think he was off 33% at worst /
(3:00 PM) Fulkdaddy: incredible
(3:00 PM) Fulkdaddy: good stock picking
tomthetrader: good stock picking and rotation
tomthetrader: remember the commodity rally
tomthetrader: all the rallies in this bear have been good ones
tomthetrader: we needed this to get the short term indies in tact
(3:02 PM) Fulkdaddy: This is the type of selloff I want to see to get the weak holders out so we can run it up without them
(3:02 PM) TraderTim: yes but watch how quickly it makes US the "weak" hands
(3:03 PM) TraderTim: hold tight
(3:04 PM) pupster: gaps filled on UYG and FAS
(3:05 PM) TraderTim: ES 15min coming up on 200 which held the 3/11 and 3/20 pullback/retracement for this rally
(3:06 PM) TraderTim: ES 60min 50 ema also was good support on same dates
(3:07 PM) TraderTim: Nick: verify the 50% retracement at 743 on daily
(3:08 PM) Fulkdaddy: 793 is 50 day ma on the daily
(3:09 PM) TraderTim: we are on 50 so let's see if it acts as support now and holds
(3:10 PM) Nick_H_SanDiego: broke 50%...going for 61.8%
(3:10 PM) Nick_H_SanDiego: 50% @ 792.50...61.8% @ 785.18
(3:10 PM) TraderTim: Nick: 50% from 666 bottom to 821 top of this rally is 744???
(3:12 PM) TraderTim: Nick: I am refering to a 50% retracement of this latest move. 1/2 distance.
tomthetrader: someone have a slide rule ?
(3:12 PM) TraderTim: I just add the two numbers together and divide by 2
tomthetrader: I can't type or add so i am in trouble
tomthetrader: I am just glad nick posted when he did !
(3:15 PM) TraderTim: that's ok tom, this will be our value add for you
tomthetrader: It gave the data perfect on my TTT BUY
(3:15 PM) TraderTim: yes
(3:15 PM) Fulkdaddy: 50% is 744
tomthetrader: still need the P.C. ratio to get worse but in a bull it is acceptable
(3:16 PM) TraderTim: thx FULK
tomthetrader: I would not accept in a bear
(3:16 PM) Nick_H_SanDiego: My 761.50 low is from Friday 11/20
tomthetrader: 26.08 QLD
(3:16 PM) Nick_H_SanDiego: hi of 823.50 today
(3:16 PM) TraderTim: thx Nick
tomthetrader: Boy do I remember that TTT Buy signal !
(3:17 PM) TraderTim: I was going from low of beginning of rally .... all of them are good to know
tomthetrader: we were 40 contracts long with 100's of options !
tomthetrader: Nov 761.50
(3:17 PM) Nick_H_SanDiego: yes the Fib confluence is just as important
tomthetrader: as we were on march 3rd
(3:18 PM) Nick_H_SanDiego: as taught by Carolyn Borden and Robert Miner
(3:18 PM) TraderTim: yes
(3:18 PM) Fulkdaddy: pulled back to the uptrend line on the hourly...everything looks fine if this bounce holds
tomthetrader: I would hope so
tomthetrader: we will take our 50 ES 2500 cash profits here though
tomthetrader: Again we will take the $2500 cash in 50 ES in 30 minutes
tomthetrader: But will have BGU QLD 100% long
(3:25 PM) Fulkdaddy: Jason Leavitt thinks we fill Monday's gap at 763
tomthetrader: TTT Got a buy signal in his pocket + 4K
tomthetrader: realized
(3:27 PM) Fulkdaddy: He sees a rally into the close...then wants a gap up to short in the am
(3:30 PM) Fulkdaddy: your Buy signal was perfect
(3:31 PM) TraderTim: most excellent Toom
(3:31 PM) TraderTim: Tom too
tomthetrader: Thank you
(3:31 PM) DE_TTT: Bot LUK and VMW on your buy signal, Tom.
(3:32 PM) TraderTim: Nick: you gotta love the long tail on that last ES bar (60min)
(3:32 PM) DE_TTT: Still down 3% on the day
(3:32 PM) DE_TTT: I bot at $23.50
tomthetrader: EMC VMW
tomthetrader: I am adding to my kids accounts
tomthetrader: we are 100% LONG ELSEWHERE
(3:38 PM) Fulkdaddy: What will the close be Tom?
(3:39 PM) Nick_H_SanDiego: Tim: yes...and the 2 bars show the price rejection, too
tomthetrader: I hope 802 but it would be best for the market to "retest' 792.50
(3:41 PM) TraderTim: agree. retest would be better for us.
(3:42 PM) Fulkdaddy: great analysis!
(3:43 PM) TraderTim: my speaker was sputtering . . . summarize "great analysis"
(3:43 PM) TraderTim: A/D: -15 Trin: 1.74 P/C: .86 BKX: +.5%
(3:44 PM) TraderTim: DRYS: -15%
tomthetrader: more or less the bear market rally vs new bull market will be tested as if we are in a new bull we should rally ery hard at retest if not 792.50 should go to 741 quickly
(3:45 PM) les13436: If we think housing has bottomed, & XHB is going higher, a couple of real spec plays could be CHB & HOV, CHB accounts for 3.9% of XHB holdings and HOV accounts for 6.5%. Seems if volume continues higher in XHB then these have to be accumulated (by XHB) to continue the % of holdings.
(3:46 PM) les13436: HOV short int is 29.1%, good point!
(3:46 PM) les13436: CHB is 9.5%
(3:48 PM) les13436: Hard to believe somebody would short a $1.73 stock????
(3:49 PM) Fulkdaddy: If it goes to .86 cents it is a 50% gain!
(3:50 PM) Fulkdaddy: If they go out of business, there are no taxes to pay on the gains
tomthetrader: great job guys and gals we will face em down tomorrow
(3:53 PM) Fulkdaddy: big rally right off the 50 day ma
(3:54 PM) steve_45_4: I bought 22.93 at 2:39
(3:54 PM) les13436: 22.70
(3:54 PM) les13436: 22.55 @2:49
(3:55 PM) DE_TTT: Great buy call, Tom. Many thanks!
(3:56 PM) les13436: Nice call Tom, now all we need is a nice uptrend day tomorrow!!!
(3:56 PM) pupster: Great call Tom....!!!!
(3:56 PM) steve_45_4: ty TTT
(3:56 PM) pupster: u r the BEST
(3:56 PM) DE_TTT: Performance Anxiety says at least up through Friday...just my 2 cents!
(3:56 PM) bloomert: TTT TTT!!!
tomthetrader: AMAZING
tomthetrader: Gains
(3:58 PM) Fulkdaddy: wish you would have held those 50 ES!
(3:58 PM) TraderTim: pigs get slaughtered
tomthetrader: I had my self covered with BGU
tomthetrader: 10 ES was just to get a quick house payment
(3:59 PM) Fulkdaddy: good...I thought you bought 50...that would be alot
tomthetrader: 10ES
tomthetrader: got 50 points
tomthetrader: $2500
tomthetrader: looks dumb now but sure felt smart
(4:00 PM) steve_45_4: glad for you . you deserve it
tomthetrader: as I bought 10000 BGU
tomthetrader: in its place
(4:00 PM) steve_45_4: the profit I mean lol
tomthetrader: to keep long 100% and 0 leverage
(4:02 PM) Alert: Hi , Welcome to TTT
tomthetrader: BIG GREEN BARSinto tomorrow
tomthetrader: BIG Realized gains into the Main and IRA
(4:05 PM) Nick_H_SanDiego: ES went right thru the 30 min O.R. low and is not at it as support
(4:05 PM) Nick_H_SanDiego: it is now support
(4:05 PM) Nick_H_SanDiego: bad typing!
tomthetrader: Great reporting Nick
(4:06 PM) Nick_H_SanDiego: right on the dot
tomthetrader: we appreciate the confirmations
(4:06 PM) Nick_H_SanDiego: thx tom
tomthetrader: at least we have validity here
tomthetrader: and some integrity for our signals
tomthetrader: while Thomas is out partying /
(4:08 PM) Fulkdaddy: the market just can't selloff
(4:08 PM) Fulkdaddy: all dips are bought
(4:08 PM) Nick_H_SanDiego: that is good sign
(4:08 PM) TraderTim: very positive
(4:08 PM) Nick_H_SanDiego: fundamental change in character of market
(4:08 PM) TraderTim: snorting bulls want to buy
(4:10 PM) Fulkdaddy: Tim, when are you going to buy?
tomthetrader: That is why I RUSHED IN ..IN BULL STAMPEDES LIKE THIS A) Don't get caught short
tomthetrader: 2) Don't get caught in cash
(4:11 PM) TraderTim: I am buying
tomthetrader: I wish I ahd some money to buy
(4:11 PM) steve_45_4: and you are right again. I am not going to be a doubter anymore
tomthetrader: I am tapped out waiting on a fill
(4:11 PM) TraderTim: I buy dips FULK you know that
(4:11 PM) TraderTim: and that was a dip
tomthetrader: and some trading cash tomorrow ..
tomthetrader: every 3% dip from 666
tomthetrader: is a winner
(4:12 PM) jbljudy: Mom's in!
tomthetrader: YEAH
(4:12 PM) TraderTim: hurray judy
tomthetrader: My wife is in
tomthetrader: Now the market will fly to 14K
tomthetrader: Women are much smarter !
tomthetrader: and better judges of character
tomthetrader: I hope
(4:14 PM) DE_TTT: RHT Red Hat beats by $0.02, reports revs in-line (14.96 -0.31)
tomthetrader: Biggest test will be 875 ....I do not think we can do it til 4th of july /
tomthetrader: Thanks DE
tomthetrader: I still made some $$$$$$$ on VMW
tomthetrader: Banks took off faster than all other sectors
tomthetrader: Davedid you cover that FAZ short ...?
tomthetrader: are youclear of shorts /
tomthetrader: I hope everyone short banksgot the heck out of that semi ride
(4:16 PM) Fulkdaddy: 1/2
(4:16 PM) Fulkdaddy: still slightly positive on the other 1/2//bought at 19.25
tomthetrader: that was one powerful push up
(4:17 PM) Fulkdaddy: It was nice...lets see if we get a gap up selloff tomorrow to reload
tomthetrader: reload ?
tomthetrader: can't reload
tomthetrader: AMAT leading Semis
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(4:55 PM) Alert: Were Gov Bobby Jindal's comments that it's OK to hope Obama fails un-American? Tell us what YOU think on News Talk Online in the Radio/TV Section NOW [Free Video]
tomthetrader: Oh good bye yellow brick road
tomthetrader: Thomas wants to believe in Atilla
tomthetrader: He abandons us for the pleasure of XTRENDS
(5:30 PM) ajayvee: He did?
tomthetrader: He isreally BEARISH
(5:30 PM) ajayvee: I know xtrends is, but is Thomas a bear?
tomthetrader: Yes
tomthetrader: Very bearish since the lows
tomthetrader: still thinks we see 350 SPX
(5:32 PM) ajayvee: isn't that a bullish sign
Please give me a call if you are fence sitting
you need to get in on this Bull
payPal $125 to tomandprisha@msn.com
We can't do much more than today to the minute buy and sell signals
Tom
850-329-6745
(1:25 PM) steve_45_4: this for traders
tomthetrader: Long 4 SPX cash 810 .00 stop 804.00
(1:37 PM) Fulkdaddy: Tom, we had a gap down and fill and rollover to close at LOD yesterday
(1:38 PM) Fulkdaddy: Today we have a gap up and run only to roll over again...if we finish LOD, would this indicate a change in character for this up move?\
(1:39 PM) Fulkdaddy: for the short-term
(1:39 PM) Fulkdaddy: I would like to see a big whack to scare people out..then we can run it up big
tomthetrader: should have a good rally into the close today
tomthetrader: but if we get a selloff ...it would really provide a great entry sub 800
(1:42 PM) Fulkdaddy: It just feels like the market ran too far, too fast and needs to consolidate the gains before the next rip higher
tomthetrader: depends on your risk and drwdown ability
(1:42 PM) Fulkdaddy: low to both
tomthetrader: yes
tomthetrader: it is a better bet to see the real BUY signals
tomthetrader: as we drop down to fill the gap
(1:44 PM) Fulkdaddy: I still do not understand why gaps get filled
tomthetrader: Just nature !
tomthetrader: It is the natural occurrences of math
tomthetrader: which i am very poor at 1
tomthetrader: ....I am sure we have a mean reversion expert who could explain 100 years of gaps filling and trend days
tomthetrader: but I am way too dumb for that .
(1:46 PM) Fulkdaddy: Kass covering GS $112.50 short trade at 108 and S&P 500 short rentals
tomthetrader: I let them do the work and i will trade them !
tomthetrader: Kass is short SPY now ?
(1:47 PM) Fulkdaddy: He covered his SPY short
(1:47 PM) pupster: love Tommy Bahama shirts
(1:47 PM) dhmohan1963: i am sorry who is kass
(1:49 PM) dhmohan1963: thx
tomthetrader: You are welcome
(1:56 PM) JR Roden: I gotta run. I closed my short from this AM since TTT is confident we'll start upward again. I'm going to chaperone 20+ 8th graders at sciene fair at Bowling Green University ... wish me luck
tomthetrader: GOOD LUCK ENJOY
tomthetrader: You may need some luck with 8th graders !
(1:59 PM) JR Roden: Great kids (but they are bigger than me.) Make some money and get this market moving up again.
tomthetrader: Will do ..can't lose now ...BUY signal if we go lower and are in if we go higher ..if this is a BULL it will be known soon !
(2:01 PM) Fulkdaddy: have fun JR
tomthetrader: Stocks and bonds "coupled" ?
tomthetrader: UNCH Dow now
tomthetrader: sell programs
tomthetrader: bit of panic selling
(2:03 PM) Nick_H_SanDiego: did some news just come out?
tomthetrader: we were stopped Again at 804
tomthetrader: Just sell programs
tomthetrader: I see no news just a rollover like yesterday
(2:06 PM) dhmohan1963: do you think we fill up gap from 3 days ago unemployment coming out tomorrow
tomthetrader: again will reenter ES at SPX 802 .00 the lowswe bought overnight for 20.00 ES we will add 10 contracts at 800 ES no stops till tomorrow
(2:09 PM) Fulkdaddy: Is a bounce at 800-804 too obvious?
(2:09 PM) Fulkdaddy: Do they have to take it below it to wipe out the stops?
tomthetrader: seems like a lot of stops have been hit
tomthetrader: we have some pretty good number
tomthetrader: Market is acting very well
tomthetrader: p.c. got as low as .55 thisa.m. many call buyers got waxed
tomthetrader: but now up to better levels 800 psych level as is 30.00 Q's
(2:19 PM) pupster: do Banks wanna rollover here
tomthetrader: They seem to have a pattern of getting just there and rallying
tomthetrader: difficult to say
(2:20 PM) pupster: Fulk is trying push em over the edge
tomthetrader: I see nothinbg really negative here
(2:21 PM) Fulkdaddy: I agree Tom...they have just run too far too fast?
tomthetrader: I am out of finaNCIALA so i hope they do whatdave and anyone short wants ...I want to see the market handle bad news well
tomthetrader: and so far they got ecastatic on good news ( froth0 now are neutral on bad news from all sorts of rumors and a bad auction which shows Bonds and stocks are 'coupled' for now
(2:25 PM) Nick_H_SanDiego: what does it mean when stocks and bonds are no longer inverse relation?
tomthetrader: Again we have 10 ES from 800 an dwe will dtop at 7440 for now
tomthetrader: 741.00 stop 10 ES
tomthetrader: again we arelong ES and QLD as aswing into April fools day
(2:31 PM) Fulkdaddy: Tom, 50 day ma at 793.
(2:31 PM) Fulkdaddy: could get a bounce here if not sooner
tomthetrader: we are near a buy signal but many indicators won't turn til more seling and mor eput buying
tomthetrader: RUT only down .3%
tomthetrader: a/d still +
tomthetrader: we will add 10Es to get to 20Es at 798 even
tomthetrader: 100 % long here
(2:38 PM) Nick_H_SanDiego: We have the 50% retracement in ESM9 @ 792.50 (retrace of 761.50 low to 823.50 hi)
(2:49 PM) TraderTim: A/D: -659 Trin: 196 P/C: .85 BKX: -1.2%
tomthetrader: TTT BUY SIGNAL IN PLACE
tomthetrader: we should get a 3% move up in the coming 3 sessions ...
(2:50 PM) TraderTim: Trannies: -2.8% Commod index: -1% 10's Yield is now 2.768 +4%
tomthetrader: 1st TTT Buy Signal Since march 3rd
tomthetrader: 100% All IN in all portfolios
(2:57 PM) Fulkdaddy: Lets give credit to this selloff where credit is due...the Abby Joseph Cohn indicator works again
tomthetrader: She was the queen of the 90's bull 1
(2:58 PM) Fulkdaddy: crushed since
tomthetrader: a few jobs too
(2:58 PM) Fulkdaddy: her idea of getting conservative in this bear was by going from 65% equities to 60%
tomthetrader: as low as Marty Zweig got was 79% long
(2:59 PM) Fulkdaddy: WOW!
(2:59 PM) Fulkdaddy: He must have been wiped out?
tomthetrader: and I think he was off 33% at worst /
(3:00 PM) Fulkdaddy: incredible
(3:00 PM) Fulkdaddy: good stock picking
tomthetrader: good stock picking and rotation
tomthetrader: remember the commodity rally
tomthetrader: all the rallies in this bear have been good ones
tomthetrader: we needed this to get the short term indies in tact
(3:02 PM) Fulkdaddy: This is the type of selloff I want to see to get the weak holders out so we can run it up without them
(3:02 PM) TraderTim: yes but watch how quickly it makes US the "weak" hands
(3:03 PM) TraderTim: hold tight
(3:04 PM) pupster: gaps filled on UYG and FAS
(3:05 PM) TraderTim: ES 15min coming up on 200 which held the 3/11 and 3/20 pullback/retracement for this rally
(3:06 PM) TraderTim: ES 60min 50 ema also was good support on same dates
(3:07 PM) TraderTim: Nick: verify the 50% retracement at 743 on daily
(3:08 PM) Fulkdaddy: 793 is 50 day ma on the daily
(3:09 PM) TraderTim: we are on 50 so let's see if it acts as support now and holds
(3:10 PM) Nick_H_SanDiego: broke 50%...going for 61.8%
(3:10 PM) Nick_H_SanDiego: 50% @ 792.50...61.8% @ 785.18
(3:10 PM) TraderTim: Nick: 50% from 666 bottom to 821 top of this rally is 744???
(3:12 PM) TraderTim: Nick: I am refering to a 50% retracement of this latest move. 1/2 distance.
tomthetrader: someone have a slide rule ?
(3:12 PM) TraderTim: I just add the two numbers together and divide by 2
tomthetrader: I can't type or add so i am in trouble
tomthetrader: I am just glad nick posted when he did !
(3:15 PM) TraderTim: that's ok tom, this will be our value add for you
tomthetrader: It gave the data perfect on my TTT BUY
(3:15 PM) TraderTim: yes
(3:15 PM) Fulkdaddy: 50% is 744
tomthetrader: still need the P.C. ratio to get worse but in a bull it is acceptable
(3:16 PM) TraderTim: thx FULK
tomthetrader: I would not accept in a bear
(3:16 PM) Nick_H_SanDiego: My 761.50 low is from Friday 11/20
tomthetrader: 26.08 QLD
(3:16 PM) Nick_H_SanDiego: hi of 823.50 today
(3:16 PM) TraderTim: thx Nick
tomthetrader: Boy do I remember that TTT Buy signal !
(3:17 PM) TraderTim: I was going from low of beginning of rally .... all of them are good to know
tomthetrader: we were 40 contracts long with 100's of options !
tomthetrader: Nov 761.50
(3:17 PM) Nick_H_SanDiego: yes the Fib confluence is just as important
tomthetrader: as we were on march 3rd
(3:18 PM) Nick_H_SanDiego: as taught by Carolyn Borden and Robert Miner
(3:18 PM) TraderTim: yes
(3:18 PM) Fulkdaddy: pulled back to the uptrend line on the hourly...everything looks fine if this bounce holds
tomthetrader: I would hope so
tomthetrader: we will take our 50 ES 2500 cash profits here though
tomthetrader: Again we will take the $2500 cash in 50 ES in 30 minutes
tomthetrader: But will have BGU QLD 100% long
(3:25 PM) Fulkdaddy: Jason Leavitt thinks we fill Monday's gap at 763
tomthetrader: TTT Got a buy signal in his pocket + 4K
tomthetrader: realized
(3:27 PM) Fulkdaddy: He sees a rally into the close...then wants a gap up to short in the am
(3:30 PM) Fulkdaddy: your Buy signal was perfect
(3:31 PM) TraderTim: most excellent Toom
(3:31 PM) TraderTim: Tom too
tomthetrader: Thank you
(3:31 PM) DE_TTT: Bot LUK and VMW on your buy signal, Tom.
(3:32 PM) TraderTim: Nick: you gotta love the long tail on that last ES bar (60min)
(3:32 PM) DE_TTT: Still down 3% on the day
(3:32 PM) DE_TTT: I bot at $23.50
tomthetrader: EMC VMW
tomthetrader: I am adding to my kids accounts
tomthetrader: we are 100% LONG ELSEWHERE
(3:38 PM) Fulkdaddy: What will the close be Tom?
(3:39 PM) Nick_H_SanDiego: Tim: yes...and the 2 bars show the price rejection, too
tomthetrader: I hope 802 but it would be best for the market to "retest' 792.50
(3:41 PM) TraderTim: agree. retest would be better for us.
(3:42 PM) Fulkdaddy: great analysis!
(3:43 PM) TraderTim: my speaker was sputtering . . . summarize "great analysis"
(3:43 PM) TraderTim: A/D: -15 Trin: 1.74 P/C: .86 BKX: +.5%
(3:44 PM) TraderTim: DRYS: -15%
tomthetrader: more or less the bear market rally vs new bull market will be tested as if we are in a new bull we should rally ery hard at retest if not 792.50 should go to 741 quickly
(3:45 PM) les13436: If we think housing has bottomed, & XHB is going higher, a couple of real spec plays could be CHB & HOV, CHB accounts for 3.9% of XHB holdings and HOV accounts for 6.5%. Seems if volume continues higher in XHB then these have to be accumulated (by XHB) to continue the % of holdings.
(3:46 PM) les13436: HOV short int is 29.1%, good point!
(3:46 PM) les13436: CHB is 9.5%
(3:48 PM) les13436: Hard to believe somebody would short a $1.73 stock????
(3:49 PM) Fulkdaddy: If it goes to .86 cents it is a 50% gain!
(3:50 PM) Fulkdaddy: If they go out of business, there are no taxes to pay on the gains
tomthetrader: great job guys and gals we will face em down tomorrow
(3:53 PM) Fulkdaddy: big rally right off the 50 day ma
(3:54 PM) steve_45_4: I bought 22.93 at 2:39
(3:54 PM) les13436: 22.70
(3:54 PM) les13436: 22.55 @2:49
(3:55 PM) DE_TTT: Great buy call, Tom. Many thanks!
(3:56 PM) les13436: Nice call Tom, now all we need is a nice uptrend day tomorrow!!!
(3:56 PM) pupster: Great call Tom....!!!!
(3:56 PM) steve_45_4: ty TTT
(3:56 PM) pupster: u r the BEST
(3:56 PM) DE_TTT: Performance Anxiety says at least up through Friday...just my 2 cents!
(3:56 PM) bloomert: TTT TTT!!!
tomthetrader: AMAZING
tomthetrader: Gains
(3:58 PM) Fulkdaddy: wish you would have held those 50 ES!
(3:58 PM) TraderTim: pigs get slaughtered
tomthetrader: I had my self covered with BGU
tomthetrader: 10 ES was just to get a quick house payment
(3:59 PM) Fulkdaddy: good...I thought you bought 50...that would be alot
tomthetrader: 10ES
tomthetrader: got 50 points
tomthetrader: $2500
tomthetrader: looks dumb now but sure felt smart
(4:00 PM) steve_45_4: glad for you . you deserve it
tomthetrader: as I bought 10000 BGU
tomthetrader: in its place
(4:00 PM) steve_45_4: the profit I mean lol
tomthetrader: to keep long 100% and 0 leverage
(4:02 PM) Alert: Hi , Welcome to TTT
tomthetrader: BIG GREEN BARSinto tomorrow
tomthetrader: BIG Realized gains into the Main and IRA
(4:05 PM) Nick_H_SanDiego: ES went right thru the 30 min O.R. low and is not at it as support
(4:05 PM) Nick_H_SanDiego: it is now support
(4:05 PM) Nick_H_SanDiego: bad typing!
tomthetrader: Great reporting Nick
(4:06 PM) Nick_H_SanDiego: right on the dot
tomthetrader: we appreciate the confirmations
(4:06 PM) Nick_H_SanDiego: thx tom
tomthetrader: at least we have validity here
tomthetrader: and some integrity for our signals
tomthetrader: while Thomas is out partying /
(4:08 PM) Fulkdaddy: the market just can't selloff
(4:08 PM) Fulkdaddy: all dips are bought
(4:08 PM) Nick_H_SanDiego: that is good sign
(4:08 PM) TraderTim: very positive
(4:08 PM) Nick_H_SanDiego: fundamental change in character of market
(4:08 PM) TraderTim: snorting bulls want to buy
(4:10 PM) Fulkdaddy: Tim, when are you going to buy?
tomthetrader: That is why I RUSHED IN ..IN BULL STAMPEDES LIKE THIS A) Don't get caught short
tomthetrader: 2) Don't get caught in cash
(4:11 PM) TraderTim: I am buying
tomthetrader: I wish I ahd some money to buy
(4:11 PM) steve_45_4: and you are right again. I am not going to be a doubter anymore
tomthetrader: I am tapped out waiting on a fill
(4:11 PM) TraderTim: I buy dips FULK you know that
(4:11 PM) TraderTim: and that was a dip
tomthetrader: and some trading cash tomorrow ..
tomthetrader: every 3% dip from 666
tomthetrader: is a winner
(4:12 PM) jbljudy: Mom's in!
tomthetrader: YEAH
(4:12 PM) TraderTim: hurray judy
tomthetrader: My wife is in
tomthetrader: Now the market will fly to 14K
tomthetrader: Women are much smarter !
tomthetrader: and better judges of character
tomthetrader: I hope
(4:14 PM) DE_TTT: RHT Red Hat beats by $0.02, reports revs in-line (14.96 -0.31)
tomthetrader: Biggest test will be 875 ....I do not think we can do it til 4th of july /
tomthetrader: Thanks DE
tomthetrader: I still made some $$$$$$$ on VMW
tomthetrader: Banks took off faster than all other sectors
tomthetrader: Davedid you cover that FAZ short ...?
tomthetrader: are youclear of shorts /
tomthetrader: I hope everyone short banksgot the heck out of that semi ride
(4:16 PM) Fulkdaddy: 1/2
(4:16 PM) Fulkdaddy: still slightly positive on the other 1/2//bought at 19.25
tomthetrader: that was one powerful push up
(4:17 PM) Fulkdaddy: It was nice...lets see if we get a gap up selloff tomorrow to reload
tomthetrader: reload ?
tomthetrader: can't reload
tomthetrader: AMAT leading Semis
(4:37 PM) Alert: ====SECURITY BULLETIN!=======
Using utilites from third parties such as button holders, remote typers, etc ... are at risk of having their passwords stolen!
Many of these utilities contain trojans that report your nickname and password to the program's creator. We encourage everyone to change their password reguarly, and to uncheck the save password checkbox on the login screen.
If you do this, you will have to enter your password every time you log in, but it is a small price to pay to keep your account and password protected.
(4:55 PM) Alert: Were Gov Bobby Jindal's comments that it's OK to hope Obama fails un-American? Tell us what YOU think on News Talk Online in the Radio/TV Section NOW [Free Video]
tomthetrader: Oh good bye yellow brick road
tomthetrader: Thomas wants to believe in Atilla
tomthetrader: He abandons us for the pleasure of XTRENDS
(5:30 PM) ajayvee: He did?
tomthetrader: He isreally BEARISH
(5:30 PM) ajayvee: I know xtrends is, but is Thomas a bear?
tomthetrader: Yes
tomthetrader: Very bearish since the lows
tomthetrader: still thinks we see 350 SPX
(5:32 PM) ajayvee: isn't that a bullish sign
Please give me a call if you are fence sitting
you need to get in on this Bull
payPal $125 to tomandprisha@msn.com
We can't do much more than today to the minute buy and sell signals
Tom
850-329-6745
Tuesday, March 24, 2009
TTT TRADES TP PROFITS DAILY : JOIN US AT 800 ES ?
(8:55 AM) Alert: Hi , Welcome to TTT
tomthetrader: Good Morning
(8:56 AM) steve_45_4: gm
(8:56 AM) steve_45_4: hope you had a quit evening
tomthetrader: On to the markets. The first third of the Bear Market ended on March 9th, 2009, which is our March 13th +/- phi mate turn date, coming four days early.
tomthetrader: From Mc Hugh
tomthetrader: Yes ...Thank Steve
tomthetrader: This is a fabulous opportunity, a gift from God, to raise cash before the third wave of the Bear Market starts. Take advantage of it as it develops. The Great Depression of 1929 through 1933 saw a three wave market move, with a relatively short middle rally leg that had folks excited. But the third leg crushed stock prices down to a 90 percent loss from the highs in 1929, and left price flat and low from then until World War II.
(9:00 AM) Alert: Message was not sent. The message was too long or contained non printable characters.
(9:15 AM) les13436: GM all.
(9:15 AM) bogdan07: gm
(9:15 AM) ajayvee: g'mornin
(9:15 AM) aszags: y
(9:15 AM) Bert_TTT: GM
(9:15 AM) rekon8: good morning
(9:16 AM) TTTMichael: y
(9:26 AM) TTTMichael: Are you going to add to MAIN poitions on a >1% pull back, first hour??
(9:29 AM) redliontrader: what was that symbol for the ag etf
(9:30 AM) redliontrader: want to add it to my ira
(9:30 AM) Alert: ====SECURITY BULLETIN!=======
Using utilites from third parties such as button holders, remote typers, etc ... are at risk of having their passwords stolen!
Many of these utilities contain trojans that report your nickname and password to the program's creator. We encourage everyone to change their password reguarly, and to uncheck the save password checkbox on the login screen.
If you do this, you will have to enter your password every time you log in, but it is a small price to pay to keep your account and password protected.
(9:48 AM) aszags: I think he also thinks this positive move with go up anywhere from 9400 to 11200
(9:48 AM) aszags: right now he is very bullish
(9:48 AM) pupster: typically he'll have the whole year of Turn dates mapped out for the year
(9:49 AM) pupster: big up then BIG DOWN
(9:50 AM) pupster: 11200 TOPS
(9:51 AM) aszags: no initially with the march 6 turn date he is very bullish
(9:51 AM) don_2007_: i hear it the same way you do tom... sounds freakin' bearish
(9:52 AM) JR Roden: pullback this AM looking pretty mild at this point.
tomthetrader: 7732 and 815 YM via cash and ES via cash SPX short 4 each
(10:02 AM) JR Roden: what just made the mkt jump?
(10:02 AM) JR Roden: Did you just go short
tomthetrader: Yes short now 8 contracts or 10% short
tomthetrader: Also added 430 TF short 4 contracts for a swing trade
tomthetrader: we are hedging our long positions and hope to profit from them as we set up for the next buying opp
tomthetrader: UYG Up
(10:09 AM) JR Roden: What were your stops on that short?
tomthetrader: 435 RUT
tomthetrader: 820 SPX
tomthetrader: 7750 DJIA
tomthetrader: 427 RUT sell stop
tomthetrader: 7700 sell stop
tomthetrader: 810 sell stop
(10:20 AM) TTTMichael: Seasonal low in gold July - Aug.
tomthetrader: $512 profit on the YM short
tomthetrader: stopped on ES via SOX up 8 points or $400 and still holding our TF short
(10:25 AM) cherrydokubo: hi
(10:25 AM) tomthetrader: cherrydokubo was bounced from the room by tomthetrader. If you want to learn more about the rules for this room, read the room rules on the groups page or contact the owner: tomthetrader
tomthetrader: F up
tomthetrader: XLF up
tomthetrader: mt
tomthetrader: love it
tomthetrader: short UYG at 3.00 here
(10:31 AM) Fulkdaddy: Kass bought the dip on Friday afternoon and is advising to lighten up a bit here this morning and sees some backing and filling in the weeks ahead.
tomthetrader: $800 profit taken on TF
tomthetrader: No futures positions now
(10:36 AM) JR Roden: I took the Q's short when you called the short 15 min ago. Up about .13 right now w/tight trailing stop. Thanks for the great call.
tomthetrader: $2100 in profits taken and we arenow just short 10000 sh UYG at 3.00 stop 3.10
(10:37 AM) JR Roden: This one was a real leap of faith, as I thought the market was trying to rebound. LIsten to TTT, Listen to TTT, Listen to TTT.
(10:37 AM) JR Roden: Great call.
tomthetrader: Thank you JR
(10:39 AM) JR Roden: Hourly Q's chart shows MACD and Stoch both rolling over this AM.
tomthetrader: Everyone OK ?
tomthetrader: Thank you for the replies
(10:45 AM) pupster: hey Tom......kind of tuff in here....if anyone is going to help us thru this murky terrain I'd think /know it'd be you as nobody does it better.....
(10:47 AM) pupster: what are yout thoughts on PALM....I see a MONSTER upside down Head and Shoulders on the weekly charts and Daily charts...looks good to me and wanted to see what you thought
(10:50 AM) DE_TTT: Plus about 40%+ of PALM float is short
tomthetrader: I love anything that has ashort position !
(10:51 AM) pupster: haven't checked short interest in a while....is that last months as I think Yahoo Finance is a month behind
(10:53 AM) pupster: a breakout of 9 shows PALM going to @ 15-16 measured move
tomthetrader: Sold 10000 shares of UYG at 2.90 from 3.00 for $1000 profit
tomthetrader: 7688 DOW 4 long YM via cash
tomthetrader: 7650 stops
(10:58 AM) DE_TTT: Sprint has exclusive on Palm Pre thru 2009
tomthetrader: you can use DDM Or SSO QLD etc or the opposite for any of these trades in and out
(10:59 AM) les13436: Do yo0u still have S Tom?
tomthetrader: stop YM at 7685
tomthetrader: just a small loss
(11:03 AM) Fulkdaddy: rumor the Fed could release their buy back program in 20 minutes
tomthetrader: Thank you
(11:09 AM) Fulkdaddy: How will the market take this...rally and then sell off when the little guys jump in?
tomthetrader: I think so
tomthetrader: homepricesrose 1.7% 1st time in ayear
(11:17 AM) 1tx_trader: idiot congressman has a hard-on against Goldman
(11:18 AM) aszags: look at hes sold off and came back
(11:22 AM) pupster: IDCC looks like a good short for anyone w/ interest in buying puts...i wouldn't outright short this but there aren't much premiums in the IN THE $ puts for April .... daqpe (April 25 puts) might buy a few of these as a flier
(11:22 AM) DE_TTT: LVS going ballistic
(11:22 AM) steve_45_4: ty for suggestion pupster
(11:23 AM) pupster: yw
(11:24 AM) TTTMichael: Look at CHK - strong today.
(11:28 AM) JR Roden: F holding up well on a down market day.
(11:45 AM) JR Roden: AA almost back to even on the day.
tomthetrader: very good action after huge month
tomthetrader: hl was a great short
(12:02 PM) Fulkdaddy: Jason Leavitt said that the first hour, based on several years of stats, 57% of the time, the H or Low is established in the First hour.
(12:02 PM) Fulkdaddy: but not both
tomthetrader: Market acting exactly the way it should
tomthetrader: very well
tomthetrader: and holding the gains well
tomthetrader: Stock picking becomes very KEY in the coming weeks with Earnings plays dominating
tomthetrader: who will beat and guide forward /
tomthetrader: Big money will be made in the options market from March 3rd to July 4th in the options market
(12:14 PM) TTTMichael: AA options, CHK options??
tomthetrader: Love them Both
tomthetrader: and have been very strong
tomthetrader: F CHK UNG AA UYM options ITM 3-6 months out
tomthetrader: Again we are 100% cash here in TRADERS now
tomthetrader: looking for a short term edge
(12:41 PM) DE_TTT: FCSX may be a decent spec...negative enterprise value
tomthetrader: Thanks DE
tomthetrader: FCSX look s good
tomthetrader: it is a stock pickers dream in here
(12:42 PM) DE_TTT: You sure have that right!
tomthetrader: I have about 700 I am scanning whereas I was down to 40-60 a few weeks ago !
tomthetrader: so we are on the starting line of some massive wealth building
(12:43 PM) DE_TTT: Like a field of clover...while it lasts.
tomthetrader: yes ..could be 18 months ?
tomthetrader: That is my plan
tomthetrader: this is the 1st earnings season of the new bull ...it should be very telling as guidqance changes to hope from despair ..remember stocks are a discounting indicator and very predictive of the economy ..best leading indicator we have
tomthetrader: UYG UNCH
(12:49 PM) Fulkdaddy: Tom, that is an excellent point, the reaction to earnings will be key to if this rally can sustain for more than a few weeks.
tomthetrader: yes ..if they are seen as - and the market breaks back to below 741 ..it will be considered a bear market rally ..again !
tomthetrader: and any shot of a new bull will be put off for a few months again !
tomthetrader: the action in the semis over the past 30 days really puts some pressure on these earnings
tomthetrader: and especially the reaction to the earnings
tomthetrader: CHK hitting 20.00 today
tomthetrader: UYG back to 3.00
tomthetrader: AAPL 110.00
tomthetrader: Q's holding 30.50 psych level 30.00 very KEY
tomthetrader: Good thing is this market is being shorted and puts bought
tomthetrader: we need several days of that
tomthetrader: Dow going green /
tomthetrader: Uptick rule is only a proposal, being sent to SEC for consideration next month. And it's only for stocks in "precipitous" decline.
tomthetrader: 816 ES
tomthetrader: 820 SPX
(1:04 PM) JR Roden: Any thoughts of another quick short here for a pullback?
tomthetrader: I think that if you have a trigger ...7750 YM can be shorted
tomthetrader: I am not getting a trigger to sell but my gut tells me it should retest -100 today
tomthetrader: 7755 cash we will short ...with a tight stop 2 contracts stop 7800
tomthetrader: again 0 reason to short but gut says it should ..so it will go higher 1st 1
tomthetrader: No technical reason for selling here but we took a short in YM from cash 7755 stop 7800 on 2 contracts
(1:16 PM) dhmohan1963: interesting read on fas and faz, both lost money to 7 and 20 from 60 is it due to costs in contracts
(1:24 PM) bloomert: Was out for a bit, are we still long YM from 7685?
tomthetrader: you may recall in the 1999 tech bubble when the 1st big fund to come out at 2 beta were the Profunds NDX long/short.
It destroyed a lot of people when that party was over.
If people understood the "true beta" phenom, they would have been better off.
(1:26 PM) bloomert: I am still long, guess I should look to reverse, TY Tom
tomthetrader: 7796 may be the highs for the say ?
tomthetrader: day
(1:27 PM) Fulkdaddy: this rally is amazing
(1:28 PM) Fulkdaddy: my FAZ from the close yesterday is now under H20
(1:29 PM) ctmhou: Were pulling for you Dave.
(1:30 PM) ctmhou: Yesterday was so easy compared to today.
(1:32 PM) JR Roden: I did bring that trade suggestion up a bit early. Blame it on me.
(1:33 PM) JR Roden: This is a GREAT moment for me ... TTT and I had the same exact gut feeling
(1:34 PM) Fulkdaddy: The forced redemptions are what killed us in '08 Tom...the indicators didn't work
tomthetrader: 7775
(1:35 PM) Fulkdaddy: Rev is on vacation
tomthetrader: 7760
tomthetrader: stop
tomthetrader: stopped out of 2 long Ym from 7760 cash we are 100% cash
(1:44 PM) Fulkdaddy: What did the last guy say on CNBC? 90% of traders think we will retest the lows? I missed it as my phone rang
(1:44 PM) Fulkdaddy: contrary indicator...I like it!
(1:45 PM) Nick_H_SanDiego: The ES is right at the top of the 30 min opening range acting as support
(1:46 PM) thomas_Poland: I wish I have the same confidence as Tom in new bull market
tomthetrader: I wish you did too !
tomthetrader: I want to see you a wealthy American one day !
(1:47 PM) thomas_Poland: I cannot believe myself but I think we will see lower low
(1:47 PM) thomas_Poland: American .. never
tomthetrader:
(1:48 PM) thomas_Poland: maybe when you are back on a good track
tomthetrader: America is on the right track now ..finally
tomthetrader: TTT Always on the right track
(1:49 PM) thomas_Poland: yes ... I was talking about America
tomthetrader:
(1:49 PM) thomas_Poland: not TTT
(1:49 PM) thomas_Poland: all my analysis points to new lows
(1:49 PM) thomas_Poland: but first up till beginning of April
tomthetrader: All mine looks at new highs !
tomthetrader: higher highs higher lows
tomthetrader: Bull market for 18 months with occassional 1-3% correction and 2-3 8-10 % corrections
(1:51 PM) thomas_Poland: yes .. and that is the point I don't like
tomthetrader: Just like all other historical precedents
(1:52 PM) thomas_Poland: in this bear market we had so many first times ...
tomthetrader: drawdown will be the key
tomthetrader: and we now have some 1sts in the new Bull market !
tomthetrader: firsts
tomthetrader: are in vogue /
tomthetrader: Again I pinpointed the HOD and my trading is a bit off now ....so I will hold off on trades for abit ..again we nailed the highs PERFECT
tomthetrader: we just did not trade ...
tomthetrader: lots of days they just give you so many !
tomthetrader: You can 't win after the 1st four or 5 1
(1:54 PM) Fulkdaddy: Tom, I have noticed you are great at picking tops but you do not stay with your shorts as well as your longs...
(1:54 PM) Fulkdaddy: You nailed this top
tomthetrader: Yes very poor at staying with shorts
tomthetrader: I am a Bull Pattern trader as the market spend upwards of 84% going up
tomthetrader: so I am good at going up and not too good about going down ..couldn't be a elevator operator
tomthetrader: As long as my members can make money ...that iswhy I am here
tomthetrader: I am in it for you guys
(1:56 PM) donnieb_1: diito Tom.....and if u are system backtester ......it is next to impossible to make a shorting system work because of the upward slope over time
tomthetrader: and hope you can get educated and make some money for a low cost
tomthetrader: Agree Donnie ..it is a losers game in the long run ...in my opinion
(1:57 PM) donnieb_1: I think Oscar is only $500 a month !!!!
tomthetrader: if you can stay with the long side and just catch bottoms you are about 10-1 ahead of short pattern traders
tomthetrader: OSCAR
tomthetrader: OSCAR
(1:58 PM) donnieb_1: your twin bro?
(1:58 PM) ctmhou: Valez?
(1:58 PM) donnieb_1: from vegas
(1:59 PM) donnieb_1: i cannot get off his e-mail list
(1:59 PM) bloomert: worse than random?
(1:59 PM) 1tx_trader: is that the "live with OSCAR" ,,,,,,,,,,,,,,, lol
(2:00 PM) donnieb_1: yes....bad stuff
(2:00 PM) 1tx_trader: dog and pony I think with OSCAR
(2:00 PM) ctmhou: Gdansk Hammer
(2:00 PM) ctmhou: VV
(2:01 PM) ctmhou: Vise president?
(2:01 PM) DE_TTT: Vector Vest PR Director
(2:01 PM) thomas_Poland: we should follow TTT
(2:01 PM) ctmhou: LOL
(2:01 PM) thomas_Poland: f..k VV
(2:01 PM) ctmhou: LOL
(2:01 PM) donnieb_1: ha!
(2:01 PM) thomas_Poland: fork
(2:01 PM) bloomert: I heard that TTT guy is pretty good
(2:02 PM) ctmhou: FAT wallet
tomthetrader: again ...great wealth of info in this room on platforms strategies ..sites ...etc
tomthetrader: ABX my favorite short
tomthetrader: hate thatstock ..hate gold and slv
(2:07 PM) donnieb_1: do you know phil flynn the energy guyat alaron. he is on FOX biz news at noon. he helped me short oil from the top using DUG. has a free blog. pretty good.
tomthetrader: JNK not acting well ?
(2:09 PM) donnieb_1: wants to buy may oil now @ 4430 stop 3900
(2:09 PM) 1tx_trader: DXO
(2:09 PM) aszags: I have bought and sold today in addition to longer term covered call positions in sso ddm and qld. I bought 5000 hes at 65 and sold hes at 65.6.
tomthetrader: I like that!
(2:12 PM) aszags: I also wrote out of the money april qid calls naked 58 calls and got 1.5 for them. That is qiddf
(2:13 PM) aszags: I also bought cien yesterday at 6.95
tomthetrader: great ..long term hold and buyout zags
tomthetrader: good luck
tomthetrader: i have some cien also
(2:19 PM) dhmohan1963: tom can i write puts on fas and what do you suggest fas bought at 6
tomthetrader: Zags ?
tomthetrader: Can you answer that ?
tomthetrader: I believe it is optionable
tomthetrader: and can do all the options writes buy writes covered calls etc
tomthetrader: /
(2:21 PM) tcb66: optionable but with huge spreads
(2:22 PM) aszags: If your writing puts on fas, that is a bullish position which you already have if you bought fas. To protect your gain in fas you may want to buy fas puts which will protect your downside
tomthetrader: Thanks ...I would rather now after this run concentrate on individual stocks until we get a BUY or sell signal
tomthetrader: YES Mack Truck Spreads
(2:23 PM) dhmohan1963: i got that answer from tom yesterday as no i want to lower my cost of fas buy by selling puts
tomthetrader: Like QLD calls ...?
(2:24 PM) aszags: The put premiums are hugh on fas. It may be better just to have a stop loss on the underlying stock if you own it
(2:25 PM) aszags: april 7.5 fas put is 1.55/1.65
tomthetrader: SKF 90.00 puts ?
tomthetrader: uptick rule may drive SKF even lower
(2:27 PM) dhmohan1963: zags if i am the writer of puts i get the money and if it falls to 6 then i buy more so premium will lower my cost
(2:29 PM) aszags: you are writing naked puts and simply buying the stock at a lower price if the put is exercised or assigned
(2:31 PM) dhmohan1963: i have read about it but never done it
(2:32 PM) dhmohan1963: i dont mind buying more at 6
tomthetrader: Great way to protect risk and make money ...keep plugging away
tomthetrader: 10000 sh of UYG at 3.01 stop 3.05 sell profit at cover price 2.90
(2:34 PM) aszags: you would have gotten more put premium earlier today on fas when it was trading lower
tomthetrader: Yes Fas may go back down there Zags ?
tomthetrader: I ambetting on a small drop into 3:30pm
tomthetrader: you can also buy calls on SKF
tomthetrader: or buy XLF puts
tomthetrader: FAZ
tomthetrader: I amjust trying to make 1K
tomthetrader: here and there
(2:36 PM) pupster: FAYDW ... calls on FAZ 17.5 strike
(2:37 PM) steve_45_4: bought FAZ here
(2:37 PM) pupster: in the $ ...whatya think
tomthetrader: Looks decent for a spec play on a bank drop of 1-3%
tomthetrader: 10 year note dropping fast
(2:38 PM) ctmhou: Tom, you sound like Aruj..........
(2:39 PM) ctmhou: Can't he take his laptop?
(2:39 PM) ctmhou: Sleep with it?
(2:39 PM) ctmhou: That's fun
(2:40 PM) ctmhou: Fishing
(2:40 PM) ctmhou: Have you ever been to that part of Cananda?
(2:41 PM) ctmhou: Not me
(2:42 PM) Fulkdaddy: Fed announced they are going to start to buy treasuries tomorrow
(2:42 PM) Fulkdaddy: This is why bonds are surging
(2:43 PM) ctmhou: People haven't had a chance to digest it yet.
(2:44 PM) ctmhou: Tom, what did you get your degree in?
(2:45 PM) ctmhou: Here you are........
(2:45 PM) ctmhou: Lotta schoolin'
(2:45 PM) Fulkdaddy: Does anyone see why TLT is NOT a buy here?
(2:46 PM) steve_45_4: and after all that your a Seminole fan LOL
tomthetrader: TBT Higher rates longer term TLT short term how long can the FED buy these ?
(2:47 PM) pupster: please pass along the AG etf that you like
tomthetrader: DAG
tomthetrader: MOO
(2:48 PM) pupster: right
tomthetrader: SKF up a quick $1
(2:53 PM) ctmhou: My 3 yr old
(2:53 PM) ctmhou: lOL
(2:54 PM) aszags: I bought faz at 18.85 and about to unload
tomthetrader: 1k
tomthetrader: sold uyg at cover stop
(2:55 PM) steve_45_4: great trade
tomthetrader: with 1k
tomthetrader: KOL MEE
tomthetrader: Those could do well into fall
tomthetrader: AMR
(3:00 PM) ctmhou: I take it, Tom, that you don't document all your trades?
(3:01 PM) pupster: tiny hint of rollover on FAS and UYG on 60 minutes
(3:02 PM) Fulkdaddy: And it is really getting irritating
(3:03 PM) pupster: agree
(3:03 PM) aszags: bought faz at 18.85 and sold at 19.8
(3:03 PM) pupster: but FAZ looks good on short term w./ low risk
tomthetrader: low volume good for BULL case
tomthetrader: shallow pullbacks
tomthetrader: weak volume
tomthetrader: on selling
tomthetrader: big volume on rallies
tomthetrader: where is Tim at today ?
tomthetrader: We have been missing his views and data feeds /
(3:07 PM) ctmhou: You know how they always say document every trade so to analyze. I do but I don't trade as much.
(3:07 PM) ctmhou: No
(3:08 PM) ctmhou: Don't even remeber.
(3:08 PM) rchernous: ðóññêèå åñòü
(3:08 PM) ctmhou: I kew you were getti ng there.
(3:08 PM) ctmhou: knew
(3:08 PM) tomthetrader: rchernous was bounced from the room by tomthetrader. If you want to learn more about the rules for this room, read the room rules on the groups page or contact the owner: tomthetrader
(3:08 PM) ctmhou: Have to rub UNG's 100% growth after my stop out.
(3:11 PM) ctmhou: Go fishing
(3:12 PM) ctmhou: LOL
(3:12 PM) Fulkdaddy: SOunds like TMI
(3:12 PM) pupster: very therapeutic....lol
tomthetrader: Don't go scrub your tomoatoes
tomthetrader: someone might see
tomthetrader: Great job today guys
tomthetrader: See you tonight
(3:13 PM) ctmhou: CAn one scrub in public?
tomthetrader: at 9:00pm for futures guys gals ..for a brief update and tomorrow at 9:15 am
tomthetrader: Thanks for being a TTT TEAM MEMBER
tomthetrader: Sheriff doesn't like me scubbing mine in the open
tomthetrader: nice comeback from the fall
tomthetrader: eager buyersstill around
tomthetrader: DRYS up nice into close
tomthetrader: Chinaon 3 months highs
tomthetrader: FXI
tomthetrader: was a great call we chickened out on
tomthetrader: -800 A/D line
tomthetrader: SOXX -2%
tomthetrader: Najarian says he is not looking for a big pullback and may not see a pullback
tomthetrader: OK we aresafe
tomthetrader: 30.50 Q's needs to hold
tomthetrader: CERN a great stock
tomthetrader: ASX a decent Spec
tomthetrader: Tomorrow will be another day but it will be a quite different. Different than all the days since this bear market began. Tomorrow we all know there can no longer be intervention. No manipulation or any kind. Different in a sense that from here on, it will only be me and the market.
Posted by Atilla Demiray at 3/23/2009 09:29:00 PM
tomthetrader: Starting at 720, I shorted it upto 800 on Fed day last week. I had to close those positions I opened on Fed day as SPX broke through 800 today.
tomthetrader: Charts of many sectors and indices are telling a long term story that doesn't fit with the current sentiment and action. Therefore this shall pass soon, just like a day following night, spring following winter.
tomthetrader: wow ..a trader and a poet /
tomthetrader: I was about to cry !
(3:28 PM) Flash-007: and you did not even know it
(3:29 PM) Flash-007: lol
(3:29 PM) JR Roden: TTT - how do you see the finish today?
tomthetrader: I think right in the middle of the range JR
tomthetrader: Q's 30.50
tomthetrader: need to hold
tomthetrader: Dow -50
tomthetrader: OK
(3:31 PM) redliontrader: if this closes down > 1% should we start to buy long?
tomthetrader: SPX 814 pefect
tomthetrader: perfect
tomthetrader: GILD and CELG are BUYS
tomthetrader: options to JULY AUG ITM
tomthetrader: red for traders i would be in cash
(3:48 PM) Fulkdaddy: Got bumped off Paltalk.
(3:48 PM) Fulkdaddy: Hold shorts for a gap down, turnaround hump day, Wednesday?
(3:50 PM) Fulkdaddy: Rev Shark has a intraday volume chart that is nice. See it here: http://www.sharkinvesting.com/volume.aspx
(3:50 PM) Fulkdaddy: low volume today
(3:51 PM) Fulkdaddy: XLF looks like it broke the trendline up from the 3/9 low on the 1 hr chart
(3:51 PM) Fulkdaddy: rallied back up to kiss the trend line goodbye today
(3:52 PM) Fulkdaddy: maybe go to 8.50?
(3:54 PM) Fulkdaddy: Small caps weak
(4:00 PM) JR Roden: TTT _ I stuck with the rollover hunch we had at 1:30 and took some April 30 Q puts from .90 1o 1.06
tomthetrader: great
tomthetrader: nice play down got our indicators looking much better
tomthetrader: 806 804 802 800 support
tomthetrader: BUYING 802
tomthetrader: 2% corrections is about all we can expect out of indices before we should buy
(4:19 PM) Flash-007: thank you tomthetrader for a letting me listen in your room
tomthetrader: Your welcome
tomthetrader: I hope you enjoyed and please e-mail me anytime
(4:21 PM) Flash-007: thx tom do not want to overstay my wecome i will talk to my group in a couple of weeks
tomthetrader: great ..I am here 24/7
tomthetrader: call me at 850-329-6745
tomthetrader: if you need anything
(4:23 PM) Flash-007: its ok i will let you sleep we all need rest now and then sounds like you in florida
tomthetrader: Yes...We are in Florida in need of ret ...!
tomthetrader: rest
tomthetrader: sleep after all the excitement this year in high finance
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tomthetrader: ES M9 [10] E-MINI S&P 500 Jun ’09 20:59:39 EDT 804.75 1.25 803.25 806.25 801.25
tomthetrader: Market holding well here
tomthetrader: 800 seems to have held ...and I think it should hold
PayPal : $125 to ; tomandprisha@msn.com for immediate updates and passwords to our portfolios
tomthetrader: Good Morning
(8:56 AM) steve_45_4: gm
(8:56 AM) steve_45_4: hope you had a quit evening
tomthetrader: On to the markets. The first third of the Bear Market ended on March 9th, 2009, which is our March 13th +/- phi mate turn date, coming four days early.
tomthetrader: From Mc Hugh
tomthetrader: Yes ...Thank Steve
tomthetrader: This is a fabulous opportunity, a gift from God, to raise cash before the third wave of the Bear Market starts. Take advantage of it as it develops. The Great Depression of 1929 through 1933 saw a three wave market move, with a relatively short middle rally leg that had folks excited. But the third leg crushed stock prices down to a 90 percent loss from the highs in 1929, and left price flat and low from then until World War II.
(9:00 AM) Alert: Message was not sent. The message was too long or contained non printable characters.
(9:15 AM) les13436: GM all.
(9:15 AM) bogdan07: gm
(9:15 AM) ajayvee: g'mornin
(9:15 AM) aszags: y
(9:15 AM) Bert_TTT: GM
(9:15 AM) rekon8: good morning
(9:16 AM) TTTMichael: y
(9:26 AM) TTTMichael: Are you going to add to MAIN poitions on a >1% pull back, first hour??
(9:29 AM) redliontrader: what was that symbol for the ag etf
(9:30 AM) redliontrader: want to add it to my ira
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(9:48 AM) aszags: I think he also thinks this positive move with go up anywhere from 9400 to 11200
(9:48 AM) aszags: right now he is very bullish
(9:48 AM) pupster: typically he'll have the whole year of Turn dates mapped out for the year
(9:49 AM) pupster: big up then BIG DOWN
(9:50 AM) pupster: 11200 TOPS
(9:51 AM) aszags: no initially with the march 6 turn date he is very bullish
(9:51 AM) don_2007_: i hear it the same way you do tom... sounds freakin' bearish
(9:52 AM) JR Roden: pullback this AM looking pretty mild at this point.
tomthetrader: 7732 and 815 YM via cash and ES via cash SPX short 4 each
(10:02 AM) JR Roden: what just made the mkt jump?
(10:02 AM) JR Roden: Did you just go short
tomthetrader: Yes short now 8 contracts or 10% short
tomthetrader: Also added 430 TF short 4 contracts for a swing trade
tomthetrader: we are hedging our long positions and hope to profit from them as we set up for the next buying opp
tomthetrader: UYG Up
(10:09 AM) JR Roden: What were your stops on that short?
tomthetrader: 435 RUT
tomthetrader: 820 SPX
tomthetrader: 7750 DJIA
tomthetrader: 427 RUT sell stop
tomthetrader: 7700 sell stop
tomthetrader: 810 sell stop
(10:20 AM) TTTMichael: Seasonal low in gold July - Aug.
tomthetrader: $512 profit on the YM short
tomthetrader: stopped on ES via SOX up 8 points or $400 and still holding our TF short
(10:25 AM) cherrydokubo: hi
(10:25 AM) tomthetrader: cherrydokubo was bounced from the room by tomthetrader. If you want to learn more about the rules for this room, read the room rules on the groups page or contact the owner: tomthetrader
tomthetrader: F up
tomthetrader: XLF up
tomthetrader: mt
tomthetrader: love it
tomthetrader: short UYG at 3.00 here
(10:31 AM) Fulkdaddy: Kass bought the dip on Friday afternoon and is advising to lighten up a bit here this morning and sees some backing and filling in the weeks ahead.
tomthetrader: $800 profit taken on TF
tomthetrader: No futures positions now
(10:36 AM) JR Roden: I took the Q's short when you called the short 15 min ago. Up about .13 right now w/tight trailing stop. Thanks for the great call.
tomthetrader: $2100 in profits taken and we arenow just short 10000 sh UYG at 3.00 stop 3.10
(10:37 AM) JR Roden: This one was a real leap of faith, as I thought the market was trying to rebound. LIsten to TTT, Listen to TTT, Listen to TTT.
(10:37 AM) JR Roden: Great call.
tomthetrader: Thank you JR
(10:39 AM) JR Roden: Hourly Q's chart shows MACD and Stoch both rolling over this AM.
tomthetrader: Everyone OK ?
tomthetrader: Thank you for the replies
(10:45 AM) pupster: hey Tom......kind of tuff in here....if anyone is going to help us thru this murky terrain I'd think /know it'd be you as nobody does it better.....
(10:47 AM) pupster: what are yout thoughts on PALM....I see a MONSTER upside down Head and Shoulders on the weekly charts and Daily charts...looks good to me and wanted to see what you thought
(10:50 AM) DE_TTT: Plus about 40%+ of PALM float is short
tomthetrader: I love anything that has ashort position !
(10:51 AM) pupster: haven't checked short interest in a while....is that last months as I think Yahoo Finance is a month behind
(10:53 AM) pupster: a breakout of 9 shows PALM going to @ 15-16 measured move
tomthetrader: Sold 10000 shares of UYG at 2.90 from 3.00 for $1000 profit
tomthetrader: 7688 DOW 4 long YM via cash
tomthetrader: 7650 stops
(10:58 AM) DE_TTT: Sprint has exclusive on Palm Pre thru 2009
tomthetrader: you can use DDM Or SSO QLD etc or the opposite for any of these trades in and out
(10:59 AM) les13436: Do yo0u still have S Tom?
tomthetrader: stop YM at 7685
tomthetrader: just a small loss
(11:03 AM) Fulkdaddy: rumor the Fed could release their buy back program in 20 minutes
tomthetrader: Thank you
(11:09 AM) Fulkdaddy: How will the market take this...rally and then sell off when the little guys jump in?
tomthetrader: I think so
tomthetrader: homepricesrose 1.7% 1st time in ayear
(11:17 AM) 1tx_trader: idiot congressman has a hard-on against Goldman
(11:18 AM) aszags: look at hes sold off and came back
(11:22 AM) pupster: IDCC looks like a good short for anyone w/ interest in buying puts...i wouldn't outright short this but there aren't much premiums in the IN THE $ puts for April .... daqpe (April 25 puts) might buy a few of these as a flier
(11:22 AM) DE_TTT: LVS going ballistic
(11:22 AM) steve_45_4: ty for suggestion pupster
(11:23 AM) pupster: yw
(11:24 AM) TTTMichael: Look at CHK - strong today.
(11:28 AM) JR Roden: F holding up well on a down market day.
(11:45 AM) JR Roden: AA almost back to even on the day.
tomthetrader: very good action after huge month
tomthetrader: hl was a great short
(12:02 PM) Fulkdaddy: Jason Leavitt said that the first hour, based on several years of stats, 57% of the time, the H or Low is established in the First hour.
(12:02 PM) Fulkdaddy: but not both
tomthetrader: Market acting exactly the way it should
tomthetrader: very well
tomthetrader: and holding the gains well
tomthetrader: Stock picking becomes very KEY in the coming weeks with Earnings plays dominating
tomthetrader: who will beat and guide forward /
tomthetrader: Big money will be made in the options market from March 3rd to July 4th in the options market
(12:14 PM) TTTMichael: AA options, CHK options??
tomthetrader: Love them Both
tomthetrader: and have been very strong
tomthetrader: F CHK UNG AA UYM options ITM 3-6 months out
tomthetrader: Again we are 100% cash here in TRADERS now
tomthetrader: looking for a short term edge
(12:41 PM) DE_TTT: FCSX may be a decent spec...negative enterprise value
tomthetrader: Thanks DE
tomthetrader: FCSX look s good
tomthetrader: it is a stock pickers dream in here
(12:42 PM) DE_TTT: You sure have that right!
tomthetrader: I have about 700 I am scanning whereas I was down to 40-60 a few weeks ago !
tomthetrader: so we are on the starting line of some massive wealth building
(12:43 PM) DE_TTT: Like a field of clover...while it lasts.
tomthetrader: yes ..could be 18 months ?
tomthetrader: That is my plan
tomthetrader: this is the 1st earnings season of the new bull ...it should be very telling as guidqance changes to hope from despair ..remember stocks are a discounting indicator and very predictive of the economy ..best leading indicator we have
tomthetrader: UYG UNCH
(12:49 PM) Fulkdaddy: Tom, that is an excellent point, the reaction to earnings will be key to if this rally can sustain for more than a few weeks.
tomthetrader: yes ..if they are seen as - and the market breaks back to below 741 ..it will be considered a bear market rally ..again !
tomthetrader: and any shot of a new bull will be put off for a few months again !
tomthetrader: the action in the semis over the past 30 days really puts some pressure on these earnings
tomthetrader: and especially the reaction to the earnings
tomthetrader: CHK hitting 20.00 today
tomthetrader: UYG back to 3.00
tomthetrader: AAPL 110.00
tomthetrader: Q's holding 30.50 psych level 30.00 very KEY
tomthetrader: Good thing is this market is being shorted and puts bought
tomthetrader: we need several days of that
tomthetrader: Dow going green /
tomthetrader: Uptick rule is only a proposal, being sent to SEC for consideration next month. And it's only for stocks in "precipitous" decline.
tomthetrader: 816 ES
tomthetrader: 820 SPX
(1:04 PM) JR Roden: Any thoughts of another quick short here for a pullback?
tomthetrader: I think that if you have a trigger ...7750 YM can be shorted
tomthetrader: I am not getting a trigger to sell but my gut tells me it should retest -100 today
tomthetrader: 7755 cash we will short ...with a tight stop 2 contracts stop 7800
tomthetrader: again 0 reason to short but gut says it should ..so it will go higher 1st 1
tomthetrader: No technical reason for selling here but we took a short in YM from cash 7755 stop 7800 on 2 contracts
(1:16 PM) dhmohan1963: interesting read on fas and faz, both lost money to 7 and 20 from 60 is it due to costs in contracts
(1:24 PM) bloomert: Was out for a bit, are we still long YM from 7685?
tomthetrader: you may recall in the 1999 tech bubble when the 1st big fund to come out at 2 beta were the Profunds NDX long/short.
It destroyed a lot of people when that party was over.
If people understood the "true beta" phenom, they would have been better off.
(1:26 PM) bloomert: I am still long, guess I should look to reverse, TY Tom
tomthetrader: 7796 may be the highs for the say ?
tomthetrader: day
(1:27 PM) Fulkdaddy: this rally is amazing
(1:28 PM) Fulkdaddy: my FAZ from the close yesterday is now under H20
(1:29 PM) ctmhou: Were pulling for you Dave.
(1:30 PM) ctmhou: Yesterday was so easy compared to today.
(1:32 PM) JR Roden: I did bring that trade suggestion up a bit early. Blame it on me.
(1:33 PM) JR Roden: This is a GREAT moment for me ... TTT and I had the same exact gut feeling
(1:34 PM) Fulkdaddy: The forced redemptions are what killed us in '08 Tom...the indicators didn't work
tomthetrader: 7775
(1:35 PM) Fulkdaddy: Rev is on vacation
tomthetrader: 7760
tomthetrader: stop
tomthetrader: stopped out of 2 long Ym from 7760 cash we are 100% cash
(1:44 PM) Fulkdaddy: What did the last guy say on CNBC? 90% of traders think we will retest the lows? I missed it as my phone rang
(1:44 PM) Fulkdaddy: contrary indicator...I like it!
(1:45 PM) Nick_H_SanDiego: The ES is right at the top of the 30 min opening range acting as support
(1:46 PM) thomas_Poland: I wish I have the same confidence as Tom in new bull market
tomthetrader: I wish you did too !
tomthetrader: I want to see you a wealthy American one day !
(1:47 PM) thomas_Poland: I cannot believe myself but I think we will see lower low
(1:47 PM) thomas_Poland: American .. never
tomthetrader:
(1:48 PM) thomas_Poland: maybe when you are back on a good track
tomthetrader: America is on the right track now ..finally
tomthetrader: TTT Always on the right track
(1:49 PM) thomas_Poland: yes ... I was talking about America
tomthetrader:
(1:49 PM) thomas_Poland: not TTT
(1:49 PM) thomas_Poland: all my analysis points to new lows
(1:49 PM) thomas_Poland: but first up till beginning of April
tomthetrader: All mine looks at new highs !
tomthetrader: higher highs higher lows
tomthetrader: Bull market for 18 months with occassional 1-3% correction and 2-3 8-10 % corrections
(1:51 PM) thomas_Poland: yes .. and that is the point I don't like
tomthetrader: Just like all other historical precedents
(1:52 PM) thomas_Poland: in this bear market we had so many first times ...
tomthetrader: drawdown will be the key
tomthetrader: and we now have some 1sts in the new Bull market !
tomthetrader: firsts
tomthetrader: are in vogue /
tomthetrader: Again I pinpointed the HOD and my trading is a bit off now ....so I will hold off on trades for abit ..again we nailed the highs PERFECT
tomthetrader: we just did not trade ...
tomthetrader: lots of days they just give you so many !
tomthetrader: You can 't win after the 1st four or 5 1
(1:54 PM) Fulkdaddy: Tom, I have noticed you are great at picking tops but you do not stay with your shorts as well as your longs...
(1:54 PM) Fulkdaddy: You nailed this top
tomthetrader: Yes very poor at staying with shorts
tomthetrader: I am a Bull Pattern trader as the market spend upwards of 84% going up
tomthetrader: so I am good at going up and not too good about going down ..couldn't be a elevator operator
tomthetrader: As long as my members can make money ...that iswhy I am here
tomthetrader: I am in it for you guys
(1:56 PM) donnieb_1: diito Tom.....and if u are system backtester ......it is next to impossible to make a shorting system work because of the upward slope over time
tomthetrader: and hope you can get educated and make some money for a low cost
tomthetrader: Agree Donnie ..it is a losers game in the long run ...in my opinion
(1:57 PM) donnieb_1: I think Oscar is only $500 a month !!!!
tomthetrader: if you can stay with the long side and just catch bottoms you are about 10-1 ahead of short pattern traders
tomthetrader: OSCAR
tomthetrader: OSCAR
(1:58 PM) donnieb_1: your twin bro?
(1:58 PM) ctmhou: Valez?
(1:58 PM) donnieb_1: from vegas
(1:59 PM) donnieb_1: i cannot get off his e-mail list
(1:59 PM) bloomert: worse than random?
(1:59 PM) 1tx_trader: is that the "live with OSCAR" ,,,,,,,,,,,,,,, lol
(2:00 PM) donnieb_1: yes....bad stuff
(2:00 PM) 1tx_trader: dog and pony I think with OSCAR
(2:00 PM) ctmhou: Gdansk Hammer
(2:00 PM) ctmhou: VV
(2:01 PM) ctmhou: Vise president?
(2:01 PM) DE_TTT: Vector Vest PR Director
(2:01 PM) thomas_Poland: we should follow TTT
(2:01 PM) ctmhou: LOL
(2:01 PM) thomas_Poland: f..k VV
(2:01 PM) ctmhou: LOL
(2:01 PM) donnieb_1: ha!
(2:01 PM) thomas_Poland: fork
(2:01 PM) bloomert: I heard that TTT guy is pretty good
(2:02 PM) ctmhou: FAT wallet
tomthetrader: again ...great wealth of info in this room on platforms strategies ..sites ...etc
tomthetrader: ABX my favorite short
tomthetrader: hate thatstock ..hate gold and slv
(2:07 PM) donnieb_1: do you know phil flynn the energy guyat alaron. he is on FOX biz news at noon. he helped me short oil from the top using DUG. has a free blog. pretty good.
tomthetrader: JNK not acting well ?
(2:09 PM) donnieb_1: wants to buy may oil now @ 4430 stop 3900
(2:09 PM) 1tx_trader: DXO
(2:09 PM) aszags: I have bought and sold today in addition to longer term covered call positions in sso ddm and qld. I bought 5000 hes at 65 and sold hes at 65.6.
tomthetrader: I like that!
(2:12 PM) aszags: I also wrote out of the money april qid calls naked 58 calls and got 1.5 for them. That is qiddf
(2:13 PM) aszags: I also bought cien yesterday at 6.95
tomthetrader: great ..long term hold and buyout zags
tomthetrader: good luck
tomthetrader: i have some cien also
(2:19 PM) dhmohan1963: tom can i write puts on fas and what do you suggest fas bought at 6
tomthetrader: Zags ?
tomthetrader: Can you answer that ?
tomthetrader: I believe it is optionable
tomthetrader: and can do all the options writes buy writes covered calls etc
tomthetrader: /
(2:21 PM) tcb66: optionable but with huge spreads
(2:22 PM) aszags: If your writing puts on fas, that is a bullish position which you already have if you bought fas. To protect your gain in fas you may want to buy fas puts which will protect your downside
tomthetrader: Thanks ...I would rather now after this run concentrate on individual stocks until we get a BUY or sell signal
tomthetrader: YES Mack Truck Spreads
(2:23 PM) dhmohan1963: i got that answer from tom yesterday as no i want to lower my cost of fas buy by selling puts
tomthetrader: Like QLD calls ...?
(2:24 PM) aszags: The put premiums are hugh on fas. It may be better just to have a stop loss on the underlying stock if you own it
(2:25 PM) aszags: april 7.5 fas put is 1.55/1.65
tomthetrader: SKF 90.00 puts ?
tomthetrader: uptick rule may drive SKF even lower
(2:27 PM) dhmohan1963: zags if i am the writer of puts i get the money and if it falls to 6 then i buy more so premium will lower my cost
(2:29 PM) aszags: you are writing naked puts and simply buying the stock at a lower price if the put is exercised or assigned
(2:31 PM) dhmohan1963: i have read about it but never done it
(2:32 PM) dhmohan1963: i dont mind buying more at 6
tomthetrader: Great way to protect risk and make money ...keep plugging away
tomthetrader: 10000 sh of UYG at 3.01 stop 3.05 sell profit at cover price 2.90
(2:34 PM) aszags: you would have gotten more put premium earlier today on fas when it was trading lower
tomthetrader: Yes Fas may go back down there Zags ?
tomthetrader: I ambetting on a small drop into 3:30pm
tomthetrader: you can also buy calls on SKF
tomthetrader: or buy XLF puts
tomthetrader: FAZ
tomthetrader: I amjust trying to make 1K
tomthetrader: here and there
(2:36 PM) pupster: FAYDW ... calls on FAZ 17.5 strike
(2:37 PM) steve_45_4: bought FAZ here
(2:37 PM) pupster: in the $ ...whatya think
tomthetrader: Looks decent for a spec play on a bank drop of 1-3%
tomthetrader: 10 year note dropping fast
(2:38 PM) ctmhou: Tom, you sound like Aruj..........
(2:39 PM) ctmhou: Can't he take his laptop?
(2:39 PM) ctmhou: Sleep with it?
(2:39 PM) ctmhou: That's fun
(2:40 PM) ctmhou: Fishing
(2:40 PM) ctmhou: Have you ever been to that part of Cananda?
(2:41 PM) ctmhou: Not me
(2:42 PM) Fulkdaddy: Fed announced they are going to start to buy treasuries tomorrow
(2:42 PM) Fulkdaddy: This is why bonds are surging
(2:43 PM) ctmhou: People haven't had a chance to digest it yet.
(2:44 PM) ctmhou: Tom, what did you get your degree in?
(2:45 PM) ctmhou: Here you are........
(2:45 PM) ctmhou: Lotta schoolin'
(2:45 PM) Fulkdaddy: Does anyone see why TLT is NOT a buy here?
(2:46 PM) steve_45_4: and after all that your a Seminole fan LOL
tomthetrader: TBT Higher rates longer term TLT short term how long can the FED buy these ?
(2:47 PM) pupster: please pass along the AG etf that you like
tomthetrader: DAG
tomthetrader: MOO
(2:48 PM) pupster: right
tomthetrader: SKF up a quick $1
(2:53 PM) ctmhou: My 3 yr old
(2:53 PM) ctmhou: lOL
(2:54 PM) aszags: I bought faz at 18.85 and about to unload
tomthetrader: 1k
tomthetrader: sold uyg at cover stop
(2:55 PM) steve_45_4: great trade
tomthetrader: with 1k
tomthetrader: KOL MEE
tomthetrader: Those could do well into fall
tomthetrader: AMR
(3:00 PM) ctmhou: I take it, Tom, that you don't document all your trades?
(3:01 PM) pupster: tiny hint of rollover on FAS and UYG on 60 minutes
(3:02 PM) Fulkdaddy: And it is really getting irritating
(3:03 PM) pupster: agree
(3:03 PM) aszags: bought faz at 18.85 and sold at 19.8
(3:03 PM) pupster: but FAZ looks good on short term w./ low risk
tomthetrader: low volume good for BULL case
tomthetrader: shallow pullbacks
tomthetrader: weak volume
tomthetrader: on selling
tomthetrader: big volume on rallies
tomthetrader: where is Tim at today ?
tomthetrader: We have been missing his views and data feeds /
(3:07 PM) ctmhou: You know how they always say document every trade so to analyze. I do but I don't trade as much.
(3:07 PM) ctmhou: No
(3:08 PM) ctmhou: Don't even remeber.
(3:08 PM) rchernous: ðóññêèå åñòü
(3:08 PM) ctmhou: I kew you were getti ng there.
(3:08 PM) ctmhou: knew
(3:08 PM) tomthetrader: rchernous was bounced from the room by tomthetrader. If you want to learn more about the rules for this room, read the room rules on the groups page or contact the owner: tomthetrader
(3:08 PM) ctmhou: Have to rub UNG's 100% growth after my stop out.
(3:11 PM) ctmhou: Go fishing
(3:12 PM) ctmhou: LOL
(3:12 PM) Fulkdaddy: SOunds like TMI
(3:12 PM) pupster: very therapeutic....lol
tomthetrader: Don't go scrub your tomoatoes
tomthetrader: someone might see
tomthetrader: Great job today guys
tomthetrader: See you tonight
(3:13 PM) ctmhou: CAn one scrub in public?
tomthetrader: at 9:00pm for futures guys gals ..for a brief update and tomorrow at 9:15 am
tomthetrader: Thanks for being a TTT TEAM MEMBER
tomthetrader: Sheriff doesn't like me scubbing mine in the open
tomthetrader: nice comeback from the fall
tomthetrader: eager buyersstill around
tomthetrader: DRYS up nice into close
tomthetrader: Chinaon 3 months highs
tomthetrader: FXI
tomthetrader: was a great call we chickened out on
tomthetrader: -800 A/D line
tomthetrader: SOXX -2%
tomthetrader: Najarian says he is not looking for a big pullback and may not see a pullback
tomthetrader: OK we aresafe
tomthetrader: 30.50 Q's needs to hold
tomthetrader: CERN a great stock
tomthetrader: ASX a decent Spec
tomthetrader: Tomorrow will be another day but it will be a quite different. Different than all the days since this bear market began. Tomorrow we all know there can no longer be intervention. No manipulation or any kind. Different in a sense that from here on, it will only be me and the market.
Posted by Atilla Demiray at 3/23/2009 09:29:00 PM
tomthetrader: Starting at 720, I shorted it upto 800 on Fed day last week. I had to close those positions I opened on Fed day as SPX broke through 800 today.
tomthetrader: Charts of many sectors and indices are telling a long term story that doesn't fit with the current sentiment and action. Therefore this shall pass soon, just like a day following night, spring following winter.
tomthetrader: wow ..a trader and a poet /
tomthetrader: I was about to cry !
(3:28 PM) Flash-007: and you did not even know it
(3:29 PM) Flash-007: lol
(3:29 PM) JR Roden: TTT - how do you see the finish today?
tomthetrader: I think right in the middle of the range JR
tomthetrader: Q's 30.50
tomthetrader: need to hold
tomthetrader: Dow -50
tomthetrader: OK
(3:31 PM) redliontrader: if this closes down > 1% should we start to buy long?
tomthetrader: SPX 814 pefect
tomthetrader: perfect
tomthetrader: GILD and CELG are BUYS
tomthetrader: options to JULY AUG ITM
tomthetrader: red for traders i would be in cash
(3:48 PM) Fulkdaddy: Got bumped off Paltalk.
(3:48 PM) Fulkdaddy: Hold shorts for a gap down, turnaround hump day, Wednesday?
(3:50 PM) Fulkdaddy: Rev Shark has a intraday volume chart that is nice. See it here: http://www.sharkinvesting.com/volume.aspx
(3:50 PM) Fulkdaddy: low volume today
(3:51 PM) Fulkdaddy: XLF looks like it broke the trendline up from the 3/9 low on the 1 hr chart
(3:51 PM) Fulkdaddy: rallied back up to kiss the trend line goodbye today
(3:52 PM) Fulkdaddy: maybe go to 8.50?
(3:54 PM) Fulkdaddy: Small caps weak
(4:00 PM) JR Roden: TTT _ I stuck with the rollover hunch we had at 1:30 and took some April 30 Q puts from .90 1o 1.06
tomthetrader: great
tomthetrader: nice play down got our indicators looking much better
tomthetrader: 806 804 802 800 support
tomthetrader: BUYING 802
tomthetrader: 2% corrections is about all we can expect out of indices before we should buy
(4:19 PM) Flash-007: thank you tomthetrader for a letting me listen in your room
tomthetrader: Your welcome
tomthetrader: I hope you enjoyed and please e-mail me anytime
(4:21 PM) Flash-007: thx tom do not want to overstay my wecome i will talk to my group in a couple of weeks
tomthetrader: great ..I am here 24/7
tomthetrader: call me at 850-329-6745
tomthetrader: if you need anything
(4:23 PM) Flash-007: its ok i will let you sleep we all need rest now and then sounds like you in florida
tomthetrader: Yes...We are in Florida in need of ret ...!
tomthetrader: rest
tomthetrader: sleep after all the excitement this year in high finance
(4:59 PM) Alert: USA enters the Mexican drug war. But at what price? And is it too little too late? Because hasn't the drug war already entered the USA? What do YOU think? Join us on News Talk Online in the Radio/TV Section NOW [Free Video]
(5:17 PM) Alert: ====SECURITY BULLETIN!=======
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(5:33 PM) Alert: USA enters the Mexican drug war. But at what price? And is it too little too late? Because hasn't the drug war already entered the USA? What do YOU think? Join us on News Talk Online in the Radio/TV Section NOW [Free Video]
tomthetrader: ES M9 [10] E-MINI S&P 500 Jun ’09 20:59:39 EDT 804.75 1.25 803.25 806.25 801.25
tomthetrader: Market holding well here
tomthetrader: 800 seems to have held ...and I think it should hold
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