Wednesday, November 26, 2008


(3:12 PM) TraderTim: which 3x
(3:12 PM) TraderTim: oh gotcha holding all 2x and 3x
tomthetrader: we have seen them on the downside ...wonder how the bears feel on the upside ?
(3:13 PM) TraderTim: stops going up so fast
(3:13 PM) thomas_Poland: perfect plan .. so so day
tomthetrader: YES
(3:13 PM) thomas_Poland: still the same problem .. conviction
tomthetrader: You may have gotten hurt on the 3:00pm short ?
(3:14 PM) thomas_Poland: fortunatelly I made money today on 3 longs
(3:14 PM) TraderTim: without you I would be dumping my 2x's in MAIN but holding
(3:14 PM) thomas_Poland: Tom you know I don't blindly short these times?
(3:14 PM) TraderTim: I want to SELL them so bad
(3:14 PM) thomas_Poland: or you think I do?
(3:14 PM) thomas_Poland: and I said 3 till 3:30?
(3:15 PM) thomas_Poland: I will trade only when I get my signal
(3:15 PM) thomas_Poland: and my morning indicator was wrong today
(3:15 PM) thomas_Poland: it is wrong 1 time in 10
(3:15 PM) arujunaa: fyi, i know alot of people here have talked about TLT. friday i sthe last day of the month when month end extension trades/portfolio rebalancing takes place. if anyone is looking to short TLT, friday might be the day. but be careful, because next week we have alot of important data culminating with the employment report on friday. it won't be pretty.
(3:15 PM) pupster1: OptionsXpress sucks...slow as S..t ...!!!
(3:16 PM) thomas_Poland: pupster
(3:16 PM) thomas_Poland: LOL
(3:16 PM) thomas_Poland: you mad?
(3:17 PM) pupster1: not really .... but yeah...
(3:18 PM) Nick_H_SanDiego: Pup I hope you aren't trying to trade futures with Opx...that is impossible!
tomthetrader: Thanks Aruj !
(3:18 PM) Nick_H_SanDiego: I was using QuoteTracker as a front-end to submit orders to Opx because their web interface is so slow!
tomthetrader: There is a lot of interest in bonds and the dolla4r
tomthetrader: we are lucky to have you !
tomthetrader: Thank you
(3:18 PM) arujunaa: happy to help
tomthetrader: we need it
(3:19 PM) pupster1: yeas....OpeX is S..T for futures
tomthetrader: Bonds like stocks a TREND day here ?
(3:19 PM) arujunaa: yes. we closed at the highs or thereabouts. softening a little bit now as stocks rally but no major give back
(3:20 PM) arujunaa: we're extremely overbought
(3:20 PM) pupster1: for the past week I've been trying to place trades on the ES and it tells me that it isn't the right symbol untill I repopulate it and then it goes through
(3:20 PM) pupster1: hasn't happened till just this week
(3:22 PM) thomas_Poland: 886 high on Spx
tomthetrader: ARUJ ? TREND DAY ?
(3:23 PM) arujunaa: yes. see above
tomthetrader: Thanks ...going 90 MPH here
(3:24 PM) pupster1: this may sound impossible or not too believable...but...the measured move on the ES could be 135 points from 874 .... that would be 1009 on ES
(3:25 PM) Nick_H_SanDiego: pup how are you measuring that?
tomthetrader: yes target 1010
(3:25 PM) pupster1: can't quibble with 1 ES
(3:25 PM) thomas_Poland: I had 1005
(3:25 PM) thomas_Poland:
(3:26 PM) Nick_H_SanDiego: it takes you that long to key your order into Opx !
(3:26 PM) pupster1: close think...
(3:26 PM) thomas_Poland: yes
(3:26 PM) thomas_Poland: perfect
(3:26 PM) pupster1: YES
(3:26 PM) pupster1: but I am too lazy to move
(3:26 PM) Nick_H_SanDiego: Oh yes I forgot Thomas knows everything
(3:26 PM) pupster1: sure does
(3:26 PM) Nick_H_SanDiego: I told them goodbye after 1 day !!
(3:27 PM) thomas_Poland: Nick no .. I am always right
(3:27 PM) thomas_Poland: not I know everything
(3:28 PM) Nick_H_SanDiego: ok you're right :!
(3:28 PM) thomas_Poland: yes
(3:28 PM) thomas_Poland: I am
(3:29 PM) DE_TTT: FXI + X = Happy Turkey Day
(3:29 PM) Nick_H_SanDiego: what's X
tomthetrader: TRADER OF THE WEEK
tomthetrader: DE
tomthetrader: DE
tomthetrader: DE
(3:29 PM) thomas_Poland: So tomorrow you eat dogs right ?
(3:29 PM) thomas_Poland: or cats?
tomthetrader: How was out market calls this week ?
tomthetrader: were our calls
(3:30 PM) Nick_H_SanDiego: fantabulous
(3:30 PM) thomas_Poland: GREAT
(3:30 PM) thomas_Poland: GREAT
(3:30 PM) thomas_Poland: TTT
(3:30 PM) bloomert: amazing
(3:30 PM) thomas_Poland: go TTT
(3:30 PM) thomas_Poland:
tomthetrader: Thanks Bloom !
tomthetrader: Thanks Nick !
(3:30 PM) Nick_H_SanDiego: np
(3:31 PM) thomas_Poland: and me ?
tomthetrader: Screw you !
(3:31 PM) Nick_H_SanDiego: u too TP
(3:31 PM) thomas_Poland: LOL
(3:31 PM) Nick_H_SanDiego:
(3:31 PM) Nick_H_SanDiego: lol
(3:31 PM) thomas_Poland: I am raped
tomthetrader: Just kinding !
(3:31 PM) thomas_Poland: officialy
(3:31 PM) thomas_Poland: by TTT
tomthetrader: kidding
(3:31 PM) thomas_Poland: Judas
tomthetrader: can't rape the willing ?
(3:31 PM) Nick_H_SanDiego: true
tomthetrader: you pretty boy /
(3:32 PM) Nick_H_SanDiego: Ok, Tom, where is this last 30 min rally
(3:32 PM) Nick_H_SanDiego: I need 885.50 es
(3:32 PM) thomas_Poland: down Nick
(3:32 PM) thomas_Poland:
tomthetrader: 78 dead in attack slows the market rally
tomthetrader: stopped out of YM
tomthetrader: 8676
tomthetrader: dang
tomthetrader: got too tight
tomthetrader: 61 up Naz
tomthetrader: still hanging on to TREND day
(3:33 PM) Nick_H_SanDiego: new hod es
tomthetrader: 250 target
tomthetrader: 500 OK ?
(3:34 PM) thomas_Poland: wait for last 15 min armagedon
(3:34 PM) pupster1: cant believe i missed the execution on ES at 867...
tomthetrader: (3:08 PM) Nick_H_SanDiego: That would be 10 es pts, right?
tomthetrader: 878 long 4
tomthetrader: and holding
(3:34 PM) Nick_H_SanDiego: Got my finger on short es
tomthetrader: 884 stop
tomthetrader: 885
(3:35 PM) thomas_Poland: people fading high TICK readings and big boys buying from them
tomthetrader: yes into close
(3:35 PM) Nick_H_SanDiego: there is goes
(3:36 PM) thomas_Poland: gues so
tomthetrader: 886
tomthetrader: way to habg with trades all day guys
tomthetrader: hang
tomthetrader: Gerry you out there in LA ?
(3:37 PM) TraderTim: A/D +2204
tomthetrader: anyone out there Bullish ?
tomthetrader: we have a major BUY signal
(3:37 PM) thomas_Poland: me?
tomthetrader: per 2 back to back 9-1 up downs
tomthetrader: No gerry ?
(3:37 PM) ajayvee: you mean we're not overbought?
(3:37 PM) thefish102: sorry Tom, I don't trust major buy signals during the week of Thanksgiving
(3:38 PM) thomas_Poland: I say I am bullish
tomthetrader: yes short term
tomthetrader: Bob ...Why ?
(3:38 PM) thefish102: I think they fail come Monday/Tuesday
(3:38 PM) pupster1: QQQQ breaking down trendline est. from Sept...this is good...!!!
tomthetrader: Thanks
(3:39 PM) thefish102: just my opinion
(3:39 PM) pupster1: MAJOE BULLISH WEDGE
(3:39 PM) pupster1: major
tomthetrader: I really like the buy signals...and thanks ..I think we could fall back but from 944
(3:39 PM) pupster1: looks like Q's can go to 32-33
(3:39 PM) Nick_H_SanDiego: lotta chop in es right now
(3:40 PM) thefish102: agree...............I'm not bearish on this Friday..........I think it is usually the most bullish day on the year
(3:40 PM) pupster1: Tom...this action is definately buy the pull backs...y
tomthetrader: 20 minutes we have 9-1 back to back in the bag and 20% gains
(3:40 PM) TraderTim: we will sell everthing by Friday in MAIN
tomthetrader: Yes
tomthetrader: Yes
tomthetrader: 100% cash in all positions
(3:40 PM) pupster1: by Friday
tomthetrader: By 1:00pm Friday
tomthetrader: 910 ES
(3:41 PM) pupster1: ok
tomthetrader: I agree with thefish we get a pullback Mon/ tuesw
tomthetrader: But rally is ON
tomthetrader: til then and ride the strength
tomthetrader: I called 880 -888 today or by friday
(3:42 PM) DE_TTT: 888 !!
tomthetrader: 884
(3:42 PM) thefish102: yes you did, and a great call it IS
tomthetrader: so I split the diff
(3:42 PM) DE_TTT: Still holding FXI and X
tomthetrader: Thank you
(3:43 PM) Nick_H_SanDiego: right on the button TTT
(3:43 PM) Nick_H_SanDiego: amazing
(3:43 PM) Nick_H_SanDiego: tanking
tomthetrader: 17 minutes
(3:43 PM) thomas_Poland: last 15 min armagedon?
(3:43 PM) Fulkdaddy: Yesm great call Tom
tomthetrader: small sell program hit
tomthetrader: a basket of s and p's fell
tomthetrader: Thanks Dave
tomthetrader: GS look at the chart and tell me if that is a trend setter ?
(3:44 PM) aszags: Tom you were near perfection this week
tomthetrader: 5 day chart ?
tomthetrader: Thank you Zags
tomthetrader: I am very thankful you all are still with me
tomthetrader: YES
tomthetrader: closing imbalances on many dow stocks
(3:45 PM) berniectx: I for one could not do any of this without your guidance Tom and all
tomthetrader: Bernie ...we all appreciate your role in this team
tomthetrader: we will be all one the trade soon
tomthetrader: this has been very rough on all of us
tomthetrader: and I pray we all get a more normal market where our decisions are sound and help all of us
(3:47 PM) DE_TTT: I like the X's I own better than my own ex's. ; )
tomthetrader: Wow
(3:47 PM) Bert_TTT: It's a slow learning process, but I'm thankful for this group
tomthetrader: bad bing
tomthetrader: Take my wife /
tomthetrader: please ?
(3:47 PM) pupster1: participating members here on TTT is like having core holdings in your long term just don't to sell '
tomthetrader: last time I saw a face like that it had a hook in it ?
tomthetrader: PUP ..AGREE 100%
(3:47 PM) DE_TTT: I like it most when we quarrel like a family over the holidays...that's how you know we're a solid team!
tomthetrader: It is the group
tomthetrader: that makes it work
(3:48 PM) TraderTim: Tom will make FULK and I sit at the childrens table for thanksgiving but that's OK
tomthetrader: Bull or bear we are going to beat the market
tomthetrader: and all of us who weather this crisis are going to get 10X
tomthetrader: 5% rut up
(3:49 PM) DE_TTT: And you may have to use the plastic cutlery...
(3:49 PM) TraderTim: Yep DE
(3:49 PM) ajayvee: and lids on the drinks
(3:50 PM) TraderTim: and those darn cranberries
(3:50 PM) DE_TTT: Sippy cups...
(3:50 PM) pupster1: VIX sitting on up trendline ...need MACD to go negative
(3:50 PM) berniectx: am done for the day...Happy Thanksgiving all be careful
(3:50 PM) TraderTim: see ya bern
(3:51 PM) thomas_Poland: does that mean I can not be right tomorrow?
(3:51 PM) berniectx: my shoulders always hurt from sitting in front of the computer by the close
(3:51 PM) thomas_Poland: because you eat dogs? They have to close market ?
(3:51 PM) thomas_Poland:
(3:51 PM) berniectx: be nice Thomas!!!
(3:51 PM) thomas_Poland:
(3:54 PM) Nick_H_SanDiego: rally
(3:55 PM) Nick_H_SanDiego: close on hod ?
(3:55 PM) pupster1: bought 1/2 my DIG position back higher than were I sold it...had to do it
(3:56 PM) pupster1: hoping for a pullback now on it...what a change in sentiment
tomthetrader: there we have it folks
tomthetrader: a true text book TREND DAY
(3:56 PM) Nick_H_SanDiego: do i hear hod
tomthetrader: Professionally timed and miraculous in nature
(3:57 PM) Nick_H_SanDiego: close enough for gov't work
(3:57 PM) Nick_H_SanDiego: happy turkey dya
(3:57 PM) ajayvee: here's a virtual kiss for you tom!! just wonderful! You're the best thing that ever happened to my trading!!
(3:57 PM) Fulkdaddy: Have a great holiday everyone!
(3:57 PM) pupster1: Happy TG to you as well and TTT members ...!!!!
(3:57 PM) Bert_TTT: Have a great and safe holiday
(3:57 PM) ajayvee: Happy Thanksgiving to everyone here!
(3:57 PM) gerry204: Thanks, happy Thanksgiving Tom and all
(3:58 PM) TraderTim: Happy TG to all the TTT brothers and sisters!!!
(3:59 PM) thomas_Poland: Happy whatever you have there
(3:59 PM) billb1947: HAPPY thanksgiving y'all
tomthetrader: Happy and God Bless you all and God bless the USA
(3:59 PM) thomas_Poland: see you on Friday
tomthetrader: sold es
tomthetrader: 888
tomthetrader: sold YM
tomthetrader: 8725
(4:00 PM) Nick_H_SanDiego: Tom did you go short or flat?
(4:00 PM) TraderTim: he was long buying into the spike
tomthetrader: still have many longs TF and NQ from 1124
tomthetrader: will keep 25% long into Friday close
(4:01 PM) TraderTim: and all MAIN right?
(4:01 PM) Nick_H_SanDiego: Made $50 shorting es on the close
(4:01 PM) Nick_H_SanDiego: buys dinner
(4:01 PM) TraderTim: dinners on NICK
(4:02 PM) Nick_H_SanDiego: Now with my lower comm's, I net $30
(4:02 PM) TraderTim: anyone that get make $ in a short on a day like today . . . good job woodie and Nick
tomthetrader: again have time to sell /.....
(4:02 PM) Nick_H_SanDiego: Hey I am a believer....the ES contract and Woodies CCI is a good combo....I use the 512 tick chart during market hrs
tomthetrader: I am out of YM and ES and have TF and NQ on a tight wire may get stopped here
(4:02 PM) Nick_H_SanDiego: First 4 figure day trading just es future with CCI
(4:03 PM) ajayvee: sold ES 878 - 887.50
tomthetrader: wow
tomthetrader: AJ !
tomthetrader: That is quite3 a day
(4:03 PM) Nick_H_SanDiego: good job aj
(4:03 PM) Nick_H_SanDiego: congrats
tomthetrader: did I mention we take tips ?
tomthetrader: AJ trader of the day !
tomthetrader: 2 big trades ?
(4:04 PM) ajayvee: "don't eat the yellow snow" how's that for a tip
(4:04 PM) ajayvee: YES! 2 big ES trades makes for a wonderful week!
(4:05 PM) ajayvee: and I've still got some SSO
(4:05 PM) Nick_H_SanDiego: So, Tom when we have these big up days like this, is it a good play to short the ES right about now and ride it down while it deflates over the next few hours?
(4:05 PM) DE_TTT: I was on the road for 4 hours. Felt like TP...but fired up the PC at 330pm and "snap goes the market"!
(4:06 PM) Nick_H_SanDiego: Maybe we should all leave our PC's for a while and get a life!
(4:06 PM) DE_TTT: Agree Nick...I am now officially ready for turkey coma.
tomthetrader: GREAT JOB
(4:11 PM) DE_TTT: Thanks everyone and Happy Thanksgiving! No go and enjoy some Honeybaked Bear.
(4:14 PM) Nick_H_SanDiego: I guess several folks had a 5-figure I feel small with my paltry low 4 figures
(4:14 PM) Nick_H_SanDiego: But at least it's positive and not negative
(4:15 PM) ctmhou: hey Nick, great job using CCI. I need to read more on it.
(4:16 PM) Nick_H_SanDiego: If you go to Woodie's website, they have screen sharing of their system where you can see real time NQ, TF, YM, and GC (gold)
(4:16 PM) Nick_H_SanDiego: The timeframe is really a big difference...I am still playing with timeframes
(4:17 PM) ctmhou: I'll look. Thanks for the heads up on this indicator. One of many.
(4:18 PM) DE_TTT: Thanks, Tom. Enjoy the holdiday with your family.
(4:24 PM) breadman8401: uyg
tomthetrader: ThaNK YOU !
tomthetrader: I am in AWE !
tomthetrader: Thanks DE


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