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
Thursday, March 26, 2009
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
(4:37 PM) Alert: ====SECURITY BULLETIN!=======
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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
(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!=======
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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
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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(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
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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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
(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]
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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
PayPal : $125 to ; tomandprisha@msn.com for immediate updates and passwords to our portfolios
Monday, March 23, 2009
WHY TTT IS # 1 IN THE WORLD
I have been a paid member since last year.I personally think it is best value for money around.Everybody else that you subscribe to just give their work. With Tom you get a whole range of information from some of the best in the trade. His famous TTT buy signals are legendary , never have lost money on that. His timings sometimes are a bit early but like visionaries can work his way through.He likes to call bottoms though and rarely misses een in the bear.
I wouldn't want to subscribe to anyboy else.The biggest thing about Tom he is very honest and straight forward.He doesn't do this for money but to educate.
Meharand London England
My members are the best in the world !
Tom
24/7
I wouldn't want to subscribe to anyboy else.The biggest thing about Tom he is very honest and straight forward.He doesn't do this for money but to educate.
Meharand London England
My members are the best in the world !
Tom
24/7
TTT WAS THE ONLY ONE WHO CALLED IT : JOIN TODAY
FAS
TNA
BGU
FCX
WFC
JPM
BG
HBAN
And dozens of FUTURES from 667 ES 342 TF 1050 NQ
Hundreds of options on UYG XLF
We are just starting ...I was the ONLY ONE WHO GURANTEED ANOTHER 400 point gain to my members !
The Only to pronounce the BULL MARKET with my studies and strategies you may never have to miss a rally like this again !
Join TTT Today !
PayPal $125 to tomandprisha@msn.com
Forget the XTRENDS and SlopeOf Hope and Philsworld !
Go with the best lowest cost 100% Full service in the business
Join TTT
Do it now and get our 20 stocks to double in this BULL
Tom
TNA
BGU
FCX
WFC
JPM
BG
HBAN
And dozens of FUTURES from 667 ES 342 TF 1050 NQ
Hundreds of options on UYG XLF
We are just starting ...I was the ONLY ONE WHO GURANTEED ANOTHER 400 point gain to my members !
The Only to pronounce the BULL MARKET with my studies and strategies you may never have to miss a rally like this again !
Join TTT Today !
PayPal $125 to tomandprisha@msn.com
Forget the XTRENDS and SlopeOf Hope and Philsworld !
Go with the best lowest cost 100% Full service in the business
Join TTT
Do it now and get our 20 stocks to double in this BULL
Tom
Saturday, March 21, 2009
WHO CALLED THE BOTTOM AND SHORT TERM TOP TO THE TICK ; TTT JOIN TODAY
We are operating under the assumption we have begun a new Bull market and those who join will possibly double or triple their money in a short period if they are aggressive and can follow our market timing signals. This is why we are so BULLISH!
The Advance/Decline Indicator is one of two ingredients that, when combined, have had an outstanding record in calling the bull market. When the number of stocks advancing leads the number of stocks declining by a 2 to 1 ratio over a 10 day period, it is a rare and very bullish event. Just three months after such instances in the past, the Zweig Unweighted Price Index rose an additional 10.6%. The existence of a 2 to 1 advance/decline figure (for ten days) is the first condition necessary to herald a major bull advance. Let's call this factor a Super Advance/Decline Ratio.
The second condition involves the Fed Indicator. The Fed Indicator gains points when the Federal Reserve lowers either the discount rate or reserve requirements, and loses points when the Fed does the reverse. To verify the early stages of a powerful bull advance, the Fed Indicator must rise from a rating of zero points or less to a score of +3 points or more. (It requires a score of just +2 for the fed Indicator to rate "extremely bullish," but the requirement here is even more demanding.) If the Fed Indicator is +3 or higher, and then dips to scores of +2 or +1, and subsequently returns back to +3 or higher again, that would not produce the signal we are seeking. What we need is a move in the indicator from a negative or zero condition to a very, very positive condition. This usually requires at least two successive cuts in either the discount rate or reserve requirements. Let's call this condition a Super-Bullish Fed Indicator.
What we would like to find is a Super-Advance/Decline Ratio and a Super-Bullish Fed Indicator reading simultaneously. It is sufficient if the two occur within a relatively brief span of one another. Testing has found that a three-month time frame is reasonable. Now, let's put the two pieces-the Fed and the tape-together and hopefully load the shotgun. We'll call the pair a double-barreled buy signal.
Since 1932, there were only twelve such potent signs. The first double-barreled buy came on July 21, 1932, just two weeks after the Dow Industrials bottomed and about six weeks after the S&P 500 made its low. Without exception, all the double-barreled buys came early enough in the respective bull markets to catch a significant portion of the subsequent advances.
"Please take a moment and join the TTT Hedge Fund team
PayPal $125 to : tomandprisha@msn.com
Thank you !
Tom
The Advance/Decline Indicator is one of two ingredients that, when combined, have had an outstanding record in calling the bull market. When the number of stocks advancing leads the number of stocks declining by a 2 to 1 ratio over a 10 day period, it is a rare and very bullish event. Just three months after such instances in the past, the Zweig Unweighted Price Index rose an additional 10.6%. The existence of a 2 to 1 advance/decline figure (for ten days) is the first condition necessary to herald a major bull advance. Let's call this factor a Super Advance/Decline Ratio.
The second condition involves the Fed Indicator. The Fed Indicator gains points when the Federal Reserve lowers either the discount rate or reserve requirements, and loses points when the Fed does the reverse. To verify the early stages of a powerful bull advance, the Fed Indicator must rise from a rating of zero points or less to a score of +3 points or more. (It requires a score of just +2 for the fed Indicator to rate "extremely bullish," but the requirement here is even more demanding.) If the Fed Indicator is +3 or higher, and then dips to scores of +2 or +1, and subsequently returns back to +3 or higher again, that would not produce the signal we are seeking. What we need is a move in the indicator from a negative or zero condition to a very, very positive condition. This usually requires at least two successive cuts in either the discount rate or reserve requirements. Let's call this condition a Super-Bullish Fed Indicator.
What we would like to find is a Super-Advance/Decline Ratio and a Super-Bullish Fed Indicator reading simultaneously. It is sufficient if the two occur within a relatively brief span of one another. Testing has found that a three-month time frame is reasonable. Now, let's put the two pieces-the Fed and the tape-together and hopefully load the shotgun. We'll call the pair a double-barreled buy signal.
Since 1932, there were only twelve such potent signs. The first double-barreled buy came on July 21, 1932, just two weeks after the Dow Industrials bottomed and about six weeks after the S&P 500 made its low. Without exception, all the double-barreled buys came early enough in the respective bull markets to catch a significant portion of the subsequent advances.
"Please take a moment and join the TTT Hedge Fund team
PayPal $125 to : tomandprisha@msn.com
Thank you !
Tom
Wednesday, March 18, 2009
IT IS ONE BULL RUN FOR THE BOOKS !!!!
We had put this Fantasy portfolio on Finviz.com to see how it would do testing the "strength begets strength" thesis ! I know it isn't exactly right but close enough to look and and admire. This is the reason they say most of the BIG money is made in the first weeks to months of a bull market !
Just think if we had stuck with our 40 contracts in the TF futures ! $100 per point from 342 -402+ $24K in a week or so !
We do have some options that have doubled now...the Jan 2011 UYG 3.00 calls we picked up 350 but have sold down to 240 as the UYG has doubled ! We will continue to pare them off but still think that the banks are good to continue the rally year over year and are good long term buys. Of course we will have a near term fall but probably not more than 10% in the sector and the overall market now is in CONFIRMED BULL MARKET MODE with everything we have said from march 2rd TTT buy signal coming true to a T !
We have taken profits in positions like FAS UYG GE BAC C AXP and in futures and options on all types of plays long and just took FCX for a 42% rise and it is still going !
Our stocks we now rate a BUY are ZF up 20% XBI Up 3% STI just added today as a takeover play up 6% SO added today up 3.5% VZ up 12% DIG up 16% DAG up 20%
Stocks rated hold that may be stopped out in the next 2 days are FWLT stop just 2% back GLW stop 2% back F stop 2% back QCOM stop 2% back .
Remember some of my basic rules
1) We do not get stopped out the day we purchase
2) We put in our stops the next day at 8% back of 10:30 am Bid
3) We raise our stop once a stock goes up 10% to break even
4) then if it continues higher we put a trailing stop at 4%
5) once it is over a 25% gain we trail at 2% and then a 40-50% gain we are at .5%
This keeps you in Bull markets and knocks you out in bear markets where you belong...the market will tell you as it is the ultimate "decider".
Some interesting thoughts on today ....no one expected the action in bonds !
No one thinks this is a bear market rally anymore ...( just kidding !)
800.00 cash SPX will be a tough nut to crack until we get a TTT Buy signal !
Another explanation for new members and a refresher for old timers...1) Traders is a speculative 200K that we day trade or swing trade 1-5 days in and plow the profits into our MAIN FUND which is geared to the intermediate term which is 10x larger but please don't worry about SIZE ...it is all about % % % % 2) Finally the profits from Traders and the Main Fund are put into the IRA which is our Largest account ! We continually add money in and never ever take money out !
Using this method ...you are able to control the 1-5 day period 5-60 day periods and the long haul .
Simply looking at our % long is enough to see how bullish I am but I also tell you everyday ! Sometimes 20x a day but i love this market and I am putting my money and positions out to you guys everyday with 100% confidence that you will make money and use stops and try your best to follow the basics of investing whether speculating in options or hedging in futures or just buying and holding for the long term ...my system works for you !
I want to thank all the members for being so polite and kind with e-mails of successes from everything from making $225 on a stock pick to many who have made over $150,000 in this short stretch , it is truly memorable and a very ACTIVE PHASE in the markets that may not last very long so we will be here with our 14 proprietary indicators that give buy and sell signals to hit 94% of the time and with our vast experience we were the 1st to call this a BULL MAKET and it may come back to haunt me but I again have been here before and with the momentum indicators and studies I have run ...we are in a BULL and I need you to take part !
Please pass along this info to a friend co-worker etc if you think they can be helped ...we have been hurt by some members breaking our agreement to pass this data along but now is the time to expand my membership and get as many people enjoyng the coming year or so of BETTER LONG BULL PATTERN TRADING IN WHICH I AM ONE OF THE BEST IN THE WORLD AT .
I will continue to work hard to give you all the info / data the pros get day in and out and please let me know if I can help in anyway !
If you would like to visit my blog ; http://www.ttthedgefund.blogspot.com
If you would like to join or upgrade to TRADERS which as you know is the daily chat ...please e-mail me at ; tomandprisha@msn.com
or as always call me at 850-329-6745
I am the only 24/7 full service one man show out there with all the services and want you along for this ride !
Thanks for being on the TTT team !
Tom
Portfolio view | edit | delete | create new | open in screener
No. Ticker Company Price Change% Volume Transaction Date Shares Cost Market Value Gain$ Gain% Change$
1. ERX Direxion Energy Bull 3X Shares 25.20 2.69% 8,060,191 Buy 03-09-09 459 15.8 11559.63 4311.93 59.49% 302.75
2. BGU Direxion Large Cap Bull 3X Shares 23.15 7.03% 32,305,760 Buy 03-09-09 498 15.08 11528.88 4018.92 53.51% 756.97
3. TNA Direxion Small Cap Bull 3X Shares 17.74 10.54% 18,759,996 Buy 03-09-09 664 10.07 11772.39 5090.25 76.18% 1122.10
4. FAS Direxion Financial Bull 3X Shares 7.16 27.63% 377,432,672 Buy 03-09-09 1,942 2.15 13902.91 9728.16 233.02% 3009.71
5. UYG Ultra Financials ProShares 2.97 16.47% 205,194,016 Buy 03-09-09 4,237 1.46 12584.75 6398.31 103.42% 1779.66
6. GE General Electric Co. 10.32 3.20% 199,166,416 Buy 03-09-09 1,040 5.99 10727.65 4501.04 72.29% 332.64
7. WFC Wells Fargo & Company 17.22 17.46% 232,456,976 Buy 03-09-09 717 7.94 12352.94 6657.10 116.88% 1836.44
8. GS Goldman Sachs Group Inc. 105.25 6.32% 34,285,512 Buy 03-09-09 101 76.8 10652.83 2879.55 37.04% 633.60
9. C Citigroup, Inc. 3.08 22.71% 1,294,433,792 Buy 03-09-09 5,618 0.99 17303.37 11741.57 211.11% 3202.25
10. BAC Bank of America Corporation 7.67 22.33% 661,054,976 Buy 03-09-09 1,736 3.5 13315.97 7239.58 119.14% 2430.56
Total 10 Stocks 13.97% 125701.34 62566.41 99.10% 15406.68
PAYPAL $75 For E-Mail Or $499 For Traders to PayPal : tomandprisha@msn.com
Just think if we had stuck with our 40 contracts in the TF futures ! $100 per point from 342 -402+ $24K in a week or so !
We do have some options that have doubled now...the Jan 2011 UYG 3.00 calls we picked up 350 but have sold down to 240 as the UYG has doubled ! We will continue to pare them off but still think that the banks are good to continue the rally year over year and are good long term buys. Of course we will have a near term fall but probably not more than 10% in the sector and the overall market now is in CONFIRMED BULL MARKET MODE with everything we have said from march 2rd TTT buy signal coming true to a T !
We have taken profits in positions like FAS UYG GE BAC C AXP and in futures and options on all types of plays long and just took FCX for a 42% rise and it is still going !
Our stocks we now rate a BUY are ZF up 20% XBI Up 3% STI just added today as a takeover play up 6% SO added today up 3.5% VZ up 12% DIG up 16% DAG up 20%
Stocks rated hold that may be stopped out in the next 2 days are FWLT stop just 2% back GLW stop 2% back F stop 2% back QCOM stop 2% back .
Remember some of my basic rules
1) We do not get stopped out the day we purchase
2) We put in our stops the next day at 8% back of 10:30 am Bid
3) We raise our stop once a stock goes up 10% to break even
4) then if it continues higher we put a trailing stop at 4%
5) once it is over a 25% gain we trail at 2% and then a 40-50% gain we are at .5%
This keeps you in Bull markets and knocks you out in bear markets where you belong...the market will tell you as it is the ultimate "decider".
Some interesting thoughts on today ....no one expected the action in bonds !
No one thinks this is a bear market rally anymore ...( just kidding !)
800.00 cash SPX will be a tough nut to crack until we get a TTT Buy signal !
Another explanation for new members and a refresher for old timers...1) Traders is a speculative 200K that we day trade or swing trade 1-5 days in and plow the profits into our MAIN FUND which is geared to the intermediate term which is 10x larger but please don't worry about SIZE ...it is all about % % % % 2) Finally the profits from Traders and the Main Fund are put into the IRA which is our Largest account ! We continually add money in and never ever take money out !
Using this method ...you are able to control the 1-5 day period 5-60 day periods and the long haul .
Simply looking at our % long is enough to see how bullish I am but I also tell you everyday ! Sometimes 20x a day but i love this market and I am putting my money and positions out to you guys everyday with 100% confidence that you will make money and use stops and try your best to follow the basics of investing whether speculating in options or hedging in futures or just buying and holding for the long term ...my system works for you !
I want to thank all the members for being so polite and kind with e-mails of successes from everything from making $225 on a stock pick to many who have made over $150,000 in this short stretch , it is truly memorable and a very ACTIVE PHASE in the markets that may not last very long so we will be here with our 14 proprietary indicators that give buy and sell signals to hit 94% of the time and with our vast experience we were the 1st to call this a BULL MAKET and it may come back to haunt me but I again have been here before and with the momentum indicators and studies I have run ...we are in a BULL and I need you to take part !
Please pass along this info to a friend co-worker etc if you think they can be helped ...we have been hurt by some members breaking our agreement to pass this data along but now is the time to expand my membership and get as many people enjoyng the coming year or so of BETTER LONG BULL PATTERN TRADING IN WHICH I AM ONE OF THE BEST IN THE WORLD AT .
I will continue to work hard to give you all the info / data the pros get day in and out and please let me know if I can help in anyway !
If you would like to visit my blog ; http://www.ttthedgefund.blogspot.com
If you would like to join or upgrade to TRADERS which as you know is the daily chat ...please e-mail me at ; tomandprisha@msn.com
or as always call me at 850-329-6745
I am the only 24/7 full service one man show out there with all the services and want you along for this ride !
Thanks for being on the TTT team !
Tom
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No. Ticker Company Price Change% Volume Transaction Date Shares Cost Market Value Gain$ Gain% Change$
1. ERX Direxion Energy Bull 3X Shares 25.20 2.69% 8,060,191 Buy 03-09-09 459 15.8 11559.63 4311.93 59.49% 302.75
2. BGU Direxion Large Cap Bull 3X Shares 23.15 7.03% 32,305,760 Buy 03-09-09 498 15.08 11528.88 4018.92 53.51% 756.97
3. TNA Direxion Small Cap Bull 3X Shares 17.74 10.54% 18,759,996 Buy 03-09-09 664 10.07 11772.39 5090.25 76.18% 1122.10
4. FAS Direxion Financial Bull 3X Shares 7.16 27.63% 377,432,672 Buy 03-09-09 1,942 2.15 13902.91 9728.16 233.02% 3009.71
5. UYG Ultra Financials ProShares 2.97 16.47% 205,194,016 Buy 03-09-09 4,237 1.46 12584.75 6398.31 103.42% 1779.66
6. GE General Electric Co. 10.32 3.20% 199,166,416 Buy 03-09-09 1,040 5.99 10727.65 4501.04 72.29% 332.64
7. WFC Wells Fargo & Company 17.22 17.46% 232,456,976 Buy 03-09-09 717 7.94 12352.94 6657.10 116.88% 1836.44
8. GS Goldman Sachs Group Inc. 105.25 6.32% 34,285,512 Buy 03-09-09 101 76.8 10652.83 2879.55 37.04% 633.60
9. C Citigroup, Inc. 3.08 22.71% 1,294,433,792 Buy 03-09-09 5,618 0.99 17303.37 11741.57 211.11% 3202.25
10. BAC Bank of America Corporation 7.67 22.33% 661,054,976 Buy 03-09-09 1,736 3.5 13315.97 7239.58 119.14% 2430.56
Total 10 Stocks 13.97% 125701.34 62566.41 99.10% 15406.68
PAYPAL $75 For E-Mail Or $499 For Traders to PayPal : tomandprisha@msn.com
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