HOW WE MAKE MONEY

(2:16 PM) youngamerican68_1: y
(2:16 PM) wclegg: y
(2:16 PM) jerry_910: y
(2:16 PM) gerry204: y
(2:16 PM) Fulkdaddy: no
(2:16 PM) syzygy111: y
(2:16 PM) Fulkdaddy: will log back in
tomthetrader: Sorry ...I am on the audio and if you cannot hear please log in again
tomthetrader: 30 secionfds
tomthetrader: or seconds
tomthetrader: 20
(2:17 PM) *** Fulkdaddy has joined the room ***
(2:17 PM) *** gerry204 has joined the room ***
tomthetrader: 10
(2:17 PM) Fulkdaddy: I'm back
(2:18 PM) berniectx: 2.15 to 2.16
(2:18 PM) youngamerican68_1: 2.15X2.16
(2:19 PM) berniectx: no stops
(2:19 PM) jerry_910: n
(2:19 PM) bloomert: no
(2:19 PM) youngamerican68_1: nope
(2:19 PM) wclegg: no
(2:20 PM) berniectx: 2.14 2.16
(2:20 PM) bloomert: 2.14/216
(2:20 PM) wclegg: 2.14 2.15
(2:20 PM) bogdan k: 14/15
(2:20 PM) youngamerican68_1: 2.14x2.15
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tomthetrader: WE will sell all positions MOC today EXCEPT for the newly acquired QQQGU at 2.15 ...we will keep those with a new stop on Monday
tomthetrader: Thanks
tomthetrader: You guys are a super group .
tomthetrader: everyday is christmas
tomthetrader: Thanks for the memories
tomthetrader: TTT on too little sleep
(2:31 PM) youngamerican68_1: thank you Tom. great job here
tomthetrader: thank you guys for sticking with me in such a rough week ..I am hoping you are all well and we will have a very good week ahead
tomthetrader: SPY up .83
tomthetrader: XLF pared it's losses some off LOD
tomthetrader: XLK OK
(2:41 PM) *** gerry204 has joined the room ***
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(2:44 PM) *** mickymax_ttt has joined the room ***
tomthetrader: Take some cash
(2:45 PM) youngamerican68_1: GU's 2.20X2.21
(2:45 PM) mickymax_ttt: Hi
(2:45 PM) mickymax_ttt: take some qqqgu off the table tom? sorry...... just got back on
tomthetrader: only if you have $200 +
tomthetrader: profit which would be 30-50 contracts
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(2:57 PM) Fulkdaddy: Tom, GS and IBM are doing well.
(2:57 PM) Fulkdaddy: I think with all this flooding in the Midwest and the expectation of more rain DBA is a good play.
(2:58 PM) Fulkdaddy: y
(2:58 PM) jerry_910: y
(2:58 PM) wclegg: y
(2:58 PM) bloomert: yep
(2:58 PM) youngamerican68_1: yes
(2:58 PM) berniectx: y
(2:59 PM) wclegg: 2.20 2.21
(2:59 PM) berniectx: 2.20 2.21
(2:59 PM) bloomert: 2.20/2.21
(2:59 PM) youngamerican68_1: 2.20 2.21
tomthetrader: Hi I am on audio ..if you cannot hear please re login
(3:00 PM) Fulkdaddy: GLW is also rolling
(3:00 PM) *** pointfisher has joined the room ***
(3:01 PM) Fulkdaddy: USO puts
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(3:03 PM) Fulkdaddy: What about FWLT? it bounced off the $70 breakout level from May
(3:04 PM) gerry204: would you buy aapl or fwlt calls now tom?
(3:04 PM) Fulkdaddy: RIG has also pulled back to its breakout level from Feb at $144
(3:04 PM) Fulkdaddy: An S&P analyst put a 12 month price target at $182
(3:06 PM) Fulkdaddy: BG looks pretty good here. In a volatility squeeze and bouncing off the 50 day ma. 3 day RSI is ovversold.
(3:07 PM) pointfisher: took a couple
(3:07 PM) youngamerican68_1: im in 2 NQ's as well
(3:07 PM) berniectx: just option
(3:07 PM) gerry204: took some small profits on nq's
(3:07 PM) Fulkdaddy: need to get the XLF over 23.18
(3:08 PM) Fulkdaddy: Buy a partial position in BG here at 117. Put a stop at 114.75. If it breaks above $125 on volume, go to a full position.
(3:09 PM) berniectx: Tom, over the weekend can you send an email explaining the leap trades, thanks
(3:09 PM) Fulkdaddy: XLF and GS are going but AAPL is failing
(3:10 PM) Fulkdaddy: Big earnings next Monday and Wednesday. MS on Monday and GS on Wed.
(3:11 PM) *** Michael TTT has joined the room ***
(3:12 PM) Fulkdaddy: The chart on Goldman looks awesome. If they have decent earnings and forecast, it could be a huge winner
(3:12 PM) Fulkdaddy: How do we play these rising bond yields? TLT and all the bond funds have been getting wacked.
(3:13 PM) Fulkdaddy: If the stock market tanks like we think it will, could there be a big flight to quality?
(3:13 PM) *** ctmhou has joined the room ***
(3:15 PM) *** Grey Guru has joined the room ***
tomthetrader: should be in mid to late july
tomthetrader: but now I like to think rates have peaked for now
tomthetrader: ZTR is a nice hold for the election
tomthetrader: 10%
tomthetrader: we had a good buying opp just last 2 days
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tomthetrader: everyone OK ....what is the HOD for QQQGU ?????
tomthetrader:
(3:23 PM) Fulkdaddy: Tom, my Fastrack database adjusts stocks and MF for dividends. When I look at ZTR it does not look compelling.
tomthetrader: I am sure there are alot better
(3:24 PM) mickymax_ttt: tom.... high of the day on qqqgu was 2.41 so far
tomthetrader: I am a Zweig fanatic so I only use those products for anything other than stocks
tomthetrader: we are selling some if you bought 50 or more ???
tomthetrader: we will have a big GREEEN BAR ON MONDAY
tomthetrader: more buying ???
tomthetrader: should get to HOD
(3:26 PM) Fulkdaddy: Financials are soaring into the close
(3:26 PM) berniectx: 2.17 2.18
(3:27 PM) ctmhou: I'm havin' fun virtually.
(3:27 PM) ctmhou: both
(3:29 PM) *** Grey Guru has joined the room ***
(3:29 PM) Grey Guru: audio?
(3:29 PM) Fulkdaddy: Tom, should I sell my UNGRH June puts? Or wait to see if we get some selling at the start of the week? Expiration is getting close
(3:30 PM) Grey Guru: MS kicked me out of Paltalk
tomthetrader: I would hold them Dave ...might as well go for at least some 10 buck drop over the next 2 days
tomthetrader: congress is all over them they will nail it sometime this week ahead
tomthetrader: xlf doing well
tomthetrader: this bodes well for next week
tomthetrader: quick trade idea
tomthetrader: WB
tomthetrader: got some big call buyers in here
tomthetrader: WB July 20.00 calls
tomthetrader: if anyone has madd money
tomthetrader: WB calls
tomthetrader: insiders buiying in my opinion will prove next week
(3:36 PM) mickymax_ttt: tom.... is 'traders' out of options now?
(3:38 PM) Grey Guru: got WB at 18.12
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(3:44 PM) Fulkdaddy: Grey Guru, what do you think about DBA? I may join you on WB here
(3:45 PM) *** pointfisher has joined the room ***
(3:45 PM) pointfisher: did the main fund officially buy ZTR?
(3:46 PM) berniectx: AD strong +1143
(3:47 PM) berniectx: now +1202
(3:48 PM) Grey Guru: bought DBA
(3:48 PM) Grey Guru: bought ZTR and ZF
(3:48 PM) pointfisher: tom did the main fund buy ztr today?
tomthetrader: yes
(3:49 PM) pointfisher: ok thanx
tomthetrader: ZTR yes moved into IRA 33% now
(3:49 PM) gerry204: tom, holding q calls over weekend?
tomthetrader: Got to see how they close them out ...some B/A now ????
(3:50 PM) wclegg: 2.24 2.25
(3:51 PM) youngamerican68_1: 2.24X2.25
(3:52 PM) ctmhou: OINK! OINK!
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(3:53 PM) ctmhou: Are we up on Traders?
(3:53 PM) ctmhou: WOW!
(3:53 PM) DE_TTT: nice turn in GE
(3:53 PM) wclegg: 2.26 / 2.28
(3:55 PM) berniectx: you are good Tom on the option we're at2.28 2.30
(3:55 PM) Fulkdaddy: Oh, what a Shame. Good guy
(3:56 PM) gerry204: what a tragic loss
tomthetrader: we will sell ALL POSITIONS MOC
tomthetrader: ALL Positions MOC
tomthetrader: I will update all weekend congrats
(3:57 PM) wclegg: 2.32 2.33
(3:59 PM) wclegg: 2.33 2.35
(4:00 PM) wclegg: tom, are you still going to hold QQQGU till Monday
(4:00 PM) youngamerican68_1: filled 15 at $2.35
(4:01 PM) youngamerican68_1: XLF accelerating
(4:01 PM) Fulkdaddy: Tom, should I get out of my SPY calls and QQQQ calls, AAPL Calls from my e-mail?
(4:01 PM) ctmhou: Thanks Tom
(4:01 PM) pointfisher: thanks tom
(4:01 PM) bloomert: thanks tom, great week
(4:02 PM) gerry204: thanks tom
tomthetrader: No thank all you ..I would be all alone doing this w/o you
tomthetrader: my sincere thanks for keeping my life full
(4:02 PM) youngamerican68_1: great job on a very tuff week
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(4:03 PM) Fulkdaddy: With this strong close on a Friday, doesn't it lead to a good open on Monday?
(4:04 PM) Grey Guru: not necessarily
tomthetrader: I will do a study and let you know ...I think technically the market will bounce on Monday but up Mondays are hard to come by ..worst day of the week
(4:06 PM) wclegg: out at 2.34
tomthetrader: great
(4:06 PM) wclegg: Thanks Tom!
(4:06 PM) berniectx: AD strong finish +1451
tomthetrader: thank you Bill
(4:07 PM) berniectx: Thank you Tom and all, I need to follow better and learn from you all, I am too impatient
tomthetrader: you will get better ...we have some time to all get better
tomthetrader: I promise to let you know all I know and hopefully make $$$ and have some fun
tomthetrader: OK that is me in there begging for 37
tomthetrader: I want 2.37
(4:10 PM) Fulkdaddy: GE may be hitting a capitulation day. Went down hard on the day but recoverd to finish in the green on the day forming a kangaroo tail. 110 million shares!
(4:11 PM) DE_TTT: kangaroo tail...I love it, mate!!
tomthetrader: agree ...we spoke of it this morning of being a dog ready to bark ...you get GE and XLF type stocks rolling we can get up to 12500 to short againn
tomthetrader: they won't take my 2.37 ???
tomthetrader: let's see if they make one more trade



As you can see there is no better way to trade than the TTT way we had several 20% to 200% gainers this week from GS and QQQQ trades to NQ futures and options plays


Tom

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