[09:12:46 am] TTT Hedge: Good Morning
[09:12:57 am] Jersey Girl: gm
[09:13:04 am] TTT Hedge: Tom is scheduled to return today around mid-day
[09:13:22 am] TTT Hedge: Very quiet overnight action
[09:14:13 am] TTT Hedge: ES Levels we’re looking at today : Support 1523- 25 zone resistance: 1531 – 33 zone
[09:17:32 am] Karen P: the famous X zones
[09:18:49 am] Karen P: cl is already bounced from its upper x zone
[09:19:14 am] jeremy tan: how do u trade the x zones typically?
[09:19:49 am] TTT Hedge: X-Zones are statistically measured range extremes
[09:20:08 am] Karen P: look at CL and yen
[09:20:21 am] TTT Hedge: they are used primarily as targets followed by reversal (fade) zones
[09:20:22 am] Karen P: strong resistance so take profits and possibly fade
[09:20:58 am] TTT Hedge: they are based on multi-day / multi-timeframe Stat extremes
[09:21:08 am] jeremy tan: u guys have the xzones everyday?
[09:21:45 am] TTT Hedge: YES…they are TradePilot Pro proprietary calculated levels
[09:21:51 am] Karen P: david has been putting them up in here premarket
[09:22:04 am] Karen P: for members of his room he sends them out in an e-mail the night before
[09:25:24 am] jeremy tan: so for Tom’s trades here he trades are proprietary rit?
[09:26:18 am] Karen P: tom trades futures using his own methods
[09:26:38 am] Karen P: he tends to scalp at extremes
[09:26:50 am] Karen P: tpp trades the trend
[09:27:40 am] Karen P: so sometimes it seems like they are on opposite sides but since the timeframes are different they usually both win
[09:29:03 am] TTT Hedge: TTT Hedge and TradePilot Pro tarde independently and look at different metrics based on specific timeframes
[09:29:34 am] Karen P: yes, what David said
[09:30:36 am] Karen P: DD what is the indicator on the upper left telling us?
[09:30:39 am] dhraminder mohan: tom is this room
[09:30:59 am] TTT Hedge: TTT Hedge: Tom is scheduled to return today around mid-day
[09:31:01 am] Karen P: this is tom’s room but tom is out till noon
[09:31:09 am] dhraminder mohan: thanks
[09:31:15 am] Karen P: TTT Hedge is David Dube from TradePilot Pro
[09:32:14 am] jeremy tan: is TOm still IT short?
[09:33:04 am] TTT Hedge: TPP looking to establish early short near 28
[09:33:47 am] Karen P: i can’t speak for tom but he tends to have the courage of his convictions
[09:34:54 am] Karen P: if tpp is looking for a short that would be a change
[09:35:15 am] TTT Hedge: TPP timeframe is intra-day
[09:35:36 am] TTT Hedge: will only short on sign of weakness and failure
[09:35:37 am] jeremy tan: ok thanks Karen thx David
[09:35:52 am] TTT Hedge: TPP has specific trade guidelines
[09:36:37 am] TTT Hedge: Short 27.75
[09:37:02 am] TTT Hedge: Stop 29.25
[09:38:31 am] TTT Hedge: Cover 50% 26.50 risk-free
[09:44:16 am] TTT Hedge: buying 50% to cover 25.25 flat
[09:44:29 am] mose kiser: Ronald Tepper – see side bar
[09:46:47 am] Karen P: nice trade DD
[09:49:51 am] TTT Hedge: Looking to re-enter short side until 28′s get taken out to upside
[09:56:25 am] TTT Hedge: looking for break down to 23.75
[09:57:24 am] TTT Hedge: which is TPP’s Open Range initial target
[09:57:55 am] Karen P: “say hello to my little friend … the 5m avg”
[09:58:01 am] Karen P: joe is so funny
[09:58:40 am] TTT Hedge:
[10:01:37 am] Karen P: that was a good fade, it went right up to that 5m avg and failed
[10:01:46 am] Karen P: 27.25
[10:03:12 am] TTT Hedge: yes
[10:03:18 am] TTT Hedge: TPP Open Range Strategy
[10:04:02 am] Karen P: we might as well talk about this since we don’t have tom to talk about stocks!
[10:04:21 am] jeremy tan: does this look to be a trend day down?
[10:04:33 am] jeremy tan: have always wondered how to identify trend days
[10:04:34 am] Karen P: we’re not even to 10:30 yet
[10:04:59 am] Karen P: tom’s rule of thumb is if new low after first hour, watch out
[10:05:07 am] mose kiser: Ronald-do you see the message?
[10:06:15 am] Karen P: TPP has more specific rules, they look for “pop at 10 o’clock”
[10:06:31 am] Karen P: so we’ll see how much follow-through this has
[10:09:13 am] Karen P: yday trend day started with gap up, that is common
[10:09:18 am] Karen P: no gap today
[10:09:59 am] Karen P: copper has been very weak for days
[10:13:12 am] TTT Hedge: Gold doen anothr 1.15% today
[10:13:16 am] TTT Hedge: “avoid”
[10:17:35 am] Karen P: carley garner was looking for bottom in gold in 570s
[10:17:59 am] Karen P: 1570s
[10:18:14 am] Karen P: she is very conservative
[10:22:48 am] TTT Hedge: Price back to equilibrium
[10:23:47 am] Karen P: yep, so what are you looking at here?
[10:23:47 am] TTT Hedge: no trade at middle
[10:23:56 am] Karen P: what has to go to get you in
[10:24:12 am] TTT Hedge: new sign of weakness for shortside
[10:24:32 am] TTT Hedge: looks like more range type action developing
[10:24:36 am] Karen P: actually why is this not a premium?
[10:24:58 am] TTT Hedge: it is Premium
[10:25:21 am] TTT Hedge: just no trigger yet
[10:25:24 am] Karen P: ah
[10:25:46 am] TTT Hedge: short can be taken on partial position
[10:26:13 am] Karen P: i got trigger at 26.75
[10:27:02 am] TTT Hedge: More breaish with this configuration until 28′s breakabove AND stay above
[10:27:21 am] TTT Hedge: 26.75 is fine trigger
[10:27:29 am] Karen P: aka hod
[10:27:35 am] Karen P: 28′s
[10:27:40 am] TTT Hedge: need more weakness for followthrough
[10:27:56 am] Karen P: don’t we have FOMC minutes?
[10:29:20 am] Karen P: at 2 pm
[10:29:48 am] TTT Hedge: yes
[10:33:39 am] Karen P: might not do a lot till then
[10:33:41 am] Karen P: ?
[10:34:44 am] TTT Hedge: anything can happen which means nothing can happen
[10:35:34 am] Karen P:
[10:37:57 am] TTT Hedge: Look at the TICK Vol-Bands…How contracted they are…man no volatility in TICKS
[10:38:58 am] Karen P: y
[10:39:09 am] Karen P: what do you think of red
[10:39:19 am] Karen P: s cash ticks vs futures ticks?
[10:44:46 am] TTT Hedge: what are futures ticks?
[10:45:08 am] TTT Hedge: I’m referring to NYSE TICKs
[10:46:38 am] Karen P: the indicator at middle right
[10:47:50 am] TTT Hedge: correct
[10:48:56 am] Karen P: blue line vs white
[10:49:41 am] TTT Hedge: blue = futures white ticks
[10:50:11 am] TTT Hedge: buying to cover 50% 24.50 from Premium Short
[10:50:16 am] Karen P: ty
[10:54:00 am] TTT Hedge: seeing continued sellin gon bid
[10:54:18 am] TTT Hedge: need more negative TICKS
[10:54:23 am] Karen P: could not get above 5m avg
[10:54:42 am] Karen P: as joe is emphasizing in tpp room
[10:55:56 am] TTT Hedge: yes..that is sign of weakness
[10:56:49 am] Karen P: GC, SI pathetic
[10:58:29 am] TTT Hedge: [11:42:56 am] Jersey Girl: do you have any thoughts on gold?
[11:43:57 am] TTT Hedge: Gold from technical perspective is “avoid” or sell any strength if long
[11:44:11 am] TTT Hedge: would not be entering new long positions in Gold
[11:00:24 am] Karen P: that’s what i love about you guys, always on right side of the mkt
[11:00:55 am] Karen P: todd says “even when i get stopped, i’m right because i was correct to take the trade”
[11:01:32 am] Karen P: yay for joe, got his target, 22s under this
[11:01:38 am] TTT Hedge: Open Range Target Filled 23.75
[11:01:50 am] TTT Hedge: Covering all shorts
[11:02:07 am] Karen P: “range buckets pay 5 points”
[11:03:20 am] TTT Hedge: There is only one side of the market to be on al all times….”THE CORRECT SIDE”
[11:04:04 am] Karen P: i think people are afraid they will miss the switch
[11:04:14 am] Karen P: what you guys do is point out the signs
[11:04:30 am] Karen P: then it’s like, without these signs it can’t switch! so don’t worry!
[11:05:07 am] TTT Hedge: TPP will ALWAYS tell members which side to trade from…
[11:05:52 am] Karen P: love you guys
[11:09:48 am] TTT Hedge: Another +3.2R trade paid $200.00 per contract 1st Pullback following shift http://twitpic.com/c5dxy7/full
[11:13:00 am] Karen P: CL buh-bye
[11:13:25 am] Karen P: rumor of big commodity fund going under, forced to liquidate
[11:14:14 am] TTT Hedge: ouch
[11:15:50 am] Karen P: ayuh
[11:16:17 am] Karen P: 3 bucks
[11:16:50 am] Uncle Fred: Does ANYONE in the Room Have the RISKO METER READINGS at THIS level???
[11:17:16 am] TTT Hedge: NO..Only Tom has those
[11:17:22 am] Uncle Fred: ok’
[11:17:27 am] TTT Hedge: He’ll be back around Noon
[11:17:52 am] TTT Hedge: Fred…do you want to counter-trend trade?
[11:19:11 am] Karen P: saying cl move has different feel to it than what was rumored
[11:19:20 am] Uncle Fred: I do LOVE COMPRESSION from levels and LOW RISK
[11:20:06 am] Karen P: ah you want to compare compression to tom’s risk
[11:20:49 am] Karen P: i use something else and it is not there yet
[11:20:54 am] Karen P: bounce but not THE bounce
[11:21:08 am] TTT Hedge: Another great start to trading day with a nice Premium that paid
[11:21:20 am] Uncle Fred: I like CONFLUENCE of Indicators for low risk trades…thats ALL…
[11:21:35 am] Uncle Fred: NQ hit 3 day CZ
[11:23:35 am] Karen P: so far this is just retest of 24.50 from below
[11:41:11 am] Karen P: uncle was scalping long, he ratted himself out
[11:42:23 am] Uncle Fred: I scalped LONG TRUE..but ONLY to DROP ANVILS with the CY YOUNG TRIGGER…I never miss the CY YOUNG….
[11:42:25 am] Uncle Fred:
[11:42:54 am] Uncle Fred: Its MY TRADE set up….
[11:43:16 am] Karen P: ah you were helping your cy young set up, i c
[11:46:21 am] Uncle Fred: was just having fun K–polishing my anvils when I took 2 LOng…to Drop 5 short : )
[11:53:13 am] Karen P: good trick
[12:04:03 pm] Patty johnson: out TZA
[12:06:16 pm] Karen P: from earlier today?
[12:07:06 pm] Patty johnson: From end of day yesterday
[12:07:36 pm] Karen P: sweet
[12:08:09 pm] Patty johnson: thx
[12:09:02 pm] rob ray: nice trade Patty J.
[12:09:30 pm] Karen P: you guys kill it on the ETFs
[12:17:23 pm] Patty johnson: are you guys in anything
[12:17:46 pm] Patty johnson: I am not just looking
[12:20:28 pm] TTT Hedge: Price found support and bounced right from 3D Central Pivot Zone
[12:21:16 pm] TTT Hedge: That level is “marker” for support or further breakdown
[12:21:43 pm] rob ray: long spxu 30.43
[12:26:38 pm] Karen P: david think you could put up a chart showing CPZ?
[12:26:49 pm] Karen P: oh that is it in pink?
[12:27:01 pm] Karen P: i think of it being yellow
[12:29:37 pm] TTT Hedge: CPZ = yellow
[12:29:46 pm] TTT Hedge: 3D CPZ = magenta
[12:29:56 pm] Karen P: ah
[12:30:33 pm] Karen P: couldn’t you have been a little more exact with that zone?
[12:30:57 pm] TTT Hedge: haha
[12:31:09 pm] TTT Hedge: I’ll try next time out to 4 decimals
[12:31:20 pm] Karen P: haha
[12:33:57 pm] Karen P: i see todd took this short, he is relentless
[12:35:45 pm] Karen P: so he is saying you know 22s will hold if it takes out minor sh at 23 and then major at 24, other than that it’s going down
[12:44:21 pm] Tom Malone: Hello folks and thanks for being here and treating DD so well the past day +
[12:44:40 pm] Tom Malone: I am trying to catch up on some scans and updates
[12:44:53 pm] Tom Malone: I will be back on audio at 1:00pm
[12:45:16 pm] Tom Malone: Again thanks for being here and look forward to answering your questions
[12:45:38 pm] Tom Malone: TY David D for filling in
[12:45:42 pm] Tom Malone: For TTT
[12:53:22 pm] rob ray: hi Tom
[12:53:28 pm] Bruce F: Hey Tom! Welcome back
[12:53:31 pm] Cheri White: hello TOM
[12:53:33 pm] Patty johnson: cheers
[12:53:34 pm] Jersey Girl: hi
[12:53:37 pm] paul philp: y
[12:53:40 pm] Jerry Bogacz: all in
[12:53:41 pm] Tony Pretto: hello
[12:53:41 pm] Brian Shim: Welcome back
[12:54:09 pm] paul philp: sad day with the loss of Dr Z
[12:55:11 pm] rob ray: out spxu 30.48 +.05
[12:56:51 pm] TTT Hedge: welcome back Tom
[12:58:25 pm] paul philp: your sell signal from yesterday runs for 5 days with a target of 1484 cash is that correct
[12:58:38 pm] paul philp: tks
[12:58:54 pm] Patty johnson: awesome
[01:03:15 pm] Karen P: tommmm
[01:08:18 pm] Tom Malone: TY Guys
[01:08:24 pm] Tom Malone: so good to see y’all
[01:21:57 pm] TTT Hedge: Oil dropped with no real bounce
[01:22:02 pm] TTT Hedge: that is a COC
[01:23:18 pm] Karen P: oil long bus got too full
[01:23:42 pm] Karen P: one day that will be ES
[01:26:50 pm] rob ray: long spxu 30.43
[01:29:34 pm] jeremy tan: gold and gbp getting slaughtered..
[01:32:00 pm] jeremy tan: tom are u still IT short?
[01:33:14 pm] Karen P: intermediate
[01:33:19 pm] jeremy tan: intermediate term short
[01:33:24 pm] jeremy tan: sorry;–
[01:35:07 pm] jeremy tan: what areas u looking at for e pullback..
[01:35:33 pm] Tom Malone: Oil and oil stocks should do the worst along with Retail
[01:35:48 pm] Tom Malone: and Transports
[01:36:10 pm] Karen P: where you at on XLE puts?
[01:36:22 pm] jeremy tan: u have any targets for ES in mind for this pullback, if this pull back is the real thing?
[01:36:49 pm] Tom Malone: 1491
[01:37:10 pm] Tom Malone: will mean we are in a full fledged IT correction
[01:37:34 pm] Tom Malone: IWM puts
[01:37:41 pm] Tom Malone: are still cheap
[01:37:55 pm] Tom Malone: and we think we are saving some dough by not chasing here
[01:37:59 pm] Tom Malone: but scalping
[01:43:50 pm] Jersey Girl: fomc minutes at 2
[01:43:52 pm] Tom Malone: LONG 1521.50 50% or 2 contracts long
[01:44:02 pm] Karen P: yes watch out for news
[01:44:04 pm] Tom Malone: stops at 1518.00
[01:44:30 pm] Tom Malone: MINI 2 contracts long at1521.50
[01:44:38 pm] Tom Malone: $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
[01:44:40 pm] Brian Shim: watching 1524 for target
[01:46:21 pm] rob ray: out spxu 30.52+.09
[01:48:42 pm] Brian Shim: but below 20.25, notworking
[01:49:26 pm] Brian Shim: globex short strategy worked great tom
[01:55:21 pm] rob ray: long ual 26.20
[01:57:41 pm] Tom Malone: Speculators have established an all-time record net long position in energy futures. While not directly correlated, the stocks of energy-related companies may struggle as a result.
[01:58:00 pm] Tom Malone: XLE
[01:58:03 pm] Tom Malone: OIH
[01:58:08 pm] Tom Malone: USO
[01:58:32 pm] Tom Malone: PBR is a horrible chart
[02:02:43 pm] Tom Malone: TOL
[02:05:23 pm] Tom Malone: Stops now at 1521.50 MINI **********************************
[02:05:35 pm] paul buckles: bad for spy puts
[02:05:43 pm] Tom Malone: EXITED TAKING PROFITS 1522.50
[02:06:02 pm] Tom Malone: $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
[02:06:20 pm] Brian Shim: fun market
[02:06:54 pm] Karen P: wow look at this
[02:07:32 pm] TTT Hedge: Talk of Vermillion Asst Mgmt with $500M aum in forced liquidation of positions, Gold, Crude and Cattle
[02:08:18 pm] Karen P: oh is that what it was?
[02:08:26 pm] Karen P: rumor of large fund in AM
[02:08:38 pm] TTT Hedge: yes Karen you had posted it eariler…I just got HF Name
[02:09:04 pm] Karen P: well after that people were saying it just looked like everyone puking at same time
[02:11:37 pm] paul philp: tlt
[02:11:59 pm] paul philp: yep
[02:12:11 pm] paul philp: reversing the reversal
[02:24:24 pm] Tom Malone: MINI LONG 2 UNITS 50% here at 1519.50 stops 1516.50 MINI $$$$$$$$$$$$$$$$$$$$$
[02:32:47 pm] Tom Malone: 1521.25 LOCK
[02:33:04 pm] Tom Malone: LOCK IN PROFITS at 1521.25 MINI FLAT $$$$$$$$$$
[02:36:00 pm] Tom Malone: 1519.50 LONG 50% MINI
[02:36:07 pm] Tom Malone: MINI 2 units long $$$$$$$$
[02:36:12 pm] Tom Malone: stops 1516.50
[02:38:32 pm] Tom Malone: 1520.50 Lock in Profits here MINI MINI FLAT
[02:38:51 pm] Tom Malone: $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
[02:40:20 pm] rob ray: out ual 26.23 +.03
[02:41:30 pm] paul philp: price is to high for the car
[02:41:48 pm] paul philp: right
[02:42:13 pm] Tom Malone: 1519.00 FILLED LONG 50% 2 units long 1519 in MINI
[02:42:14 pm] paul philp: takes an hour to recharge every 200 miles
[02:42:24 pm] Tom Malone: $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
[02:42:26 pm] Bruce F: Tom, thanks for your nice note
[02:43:06 pm] Bruce F: We are all in this together
[02:43:18 pm] paul philp: was he sick for a while?
[02:43:27 pm] Tom Malone: 6 months
[02:43:42 pm] paul philp: hope it was not painful
[02:44:25 pm] Bruce F: He was a great philanthropist
[02:46:04 pm] Uncle Fred: Down goes Frazier!!
[02:46:12 pm] paul buckles: heaven
[02:46:18 pm] Bruce F: He gave $1m to Mt Sinai for cancer research
[02:46:28 pm] paul buckles: that was great baseball
[02:48:36 pm] Tom Malone: Amen
[02:49:50 pm] TTT Hedge: yes
[02:50:36 pm] TTT Hedge: TPP taking short profits at these levels
[02:50:36 pm] paul philp: Tom bought SDS calls on your sell note yesterday really nice profits would you close tham or do you think thi is weak enough to go lower
[02:50:38 pm] Tom Malone: I would take profits and reenter
[02:50:39 pm] paul philp: tks
[02:50:40 pm] Tom Malone: and see if this is the real thing
[02:50:54 pm] Tom Malone: I like taking profits on any shorts while you can here
[02:51:02 pm] Tom Malone: and see if we close on the lows
[02:52:58 pm] Tom Malone: MINI STOPPED HERE AT 1516.00 MINI Flat $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
[02:54:01 pm] Karen P: going to retest where it broke out from on friday …
[02:54:18 pm] Karen P: 14-11
[02:54:33 pm] Tom Malone: MINI 100% Long 4 or more ES here at 1515.00 stops at 1511.00 $$$$$$$$$$$$$$$$$$$$$$$$$$
[02:55:25 pm] Tom Malone: Looking for 1517.50
[02:56:08 pm] paul philp: out 50% of SDS tks nice 50% profit
[02:56:38 pm] paul philp: will keep other 50% with trailing stop
[02:57:03 pm] paul philp: what does the money box mean?
[02:57:24 pm] paul philp: no thank you
[02:57:29 pm] paul philp: great call
[02:57:34 pm] Tom Malone: Good to be back
[02:57:53 pm] TTT Hedge: It’s a proprietary measured price target TPP calculates
[02:58:43 pm] paul philp: is it a sell or buy indicator
[02:59:49 pm] Karen P: so far this pullback is the same magnitude as 2-1 and 2-7
[03:01:22 pm] Karen P: seen it all before huh tom!
[03:03:08 pm] Karen P: https://twitter.com/tomandprisha
[03:04:30 pm] Tom Malone: http://finviz.com/futures_charts.ashx?t=NQ&p=h1
[03:04:56 pm] Tom Malone: TTT SELL SIGNAL already accomplishing its stated goals
[03:05:16 pm] Tom Malone: “Set up for conditions that should warrant a 1-3% pullback”
[03:05:23 pm] Tom Malone: and we are entrenched now
[03:05:29 pm] Tom Malone: Good Job ?
[03:06:00 pm] Tom Malone: 5 business days 3% target
[03:06:08 pm] Tom Malone: might get it on the open tomorrow
[03:08:09 pm] Karen P: got 1.2% already
[03:08:30 pm] Tom Malone: some indeices more ?
[03:08:32 pm] Tom Malone: TF
[03:08:38 pm] Tom Malone: IWM NQ NDX
[03:09:55 pm] Karen P: dow 0.9%
[03:10:28 pm] Karen P: russell -1.66%
[03:10:56 pm] Karen P: NQ 1.5%
[03:11:01 pm] Tom Malone: IRA we will go long QQQ 25% here at 67.38 $$$$$$$$$$$$$$$$$$$$$$$$$$$$IRA
[03:11:29 pm] Tom Malone: IRA 4% stops
[03:11:57 pm] Karen P: yes should base here
[03:12:06 pm] Karen P: “should
[03:12:09 pm] Tom Malone: 2744 NQ Major HOLD here
[03:12:58 pm] jeremy tan: all trades in IRA are 4% stops tom?
[03:13:44 pm] Tom Malone: JUST ETF
[03:13:50 pm] Tom Malone: Stocks are 8% stops
[03:14:00 pm] Tom Malone: All stocks all the time 8%
[03:14:08 pm] Tom Malone: and all etf’s all the time 4%
[03:15:38 pm] Karen P: what??
[03:15:45 pm] Karen P: sorry was on skype
[03:16:19 pm] Karen P: sorry
[03:16:25 pm] Tom Malone: LOL
[03:16:34 pm] Karen P: need pullbacks to mess with everyone
[03:16:40 pm] Karen P: market’s job is to mess with everyone
[03:18:30 pm] Tom Malone: TTT Sell Signal shocked some of my peers
[03:18:42 pm] Tom Malone: that were riding the 10 dma to wealth
[03:18:43 pm] arnold zager: Hi Tom glad you are back. You made money on the long side if after hitting the cash S&P target of 1525 you got out for fear of a fourth wave pullback
[03:18:46 pm] Tom Malone: …not now
[03:18:47 pm] Karen P: anyway speaking of QQQ, NQ is at area where it broke out after 2-7 PB
[03:18:49 pm] Patty johnson: looking to break 1510
[03:18:53 pm] Karen P: says capt obvious
[03:19:22 pm] Karen P: where is 10dma now?!
[03:19:27 pm] Tom Malone: Zags you were perfect on your call
[03:19:31 pm] Tom Malone: Great job
[03:19:50 pm] arnold zager: thanks
[03:20:27 pm] Tom Malone: We Commend the perfect call …we did go a hair above and the move is now officially called perfect ZAGS
[03:21:03 pm] Tom Malone: 2744
[03:21:08 pm] Tom Malone: is so important
[03:21:13 pm] Tom Malone: NQ for the close
[03:25:36 pm] Tom Malone: $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$TTT NOONERS ERY 5.90 take profits NOONERS
[03:25:43 pm] Tom Malone: E-mail sent
[03:25:52 pm] Tom Malone: NOONERS has gone to CASH
[03:26:03 pm] Tom Malone: Options still hold all PUTS
[03:26:38 pm] Tom Malone: ERY 2/19 5.65 5.90 4.42% 4.42%
[03:27:41 pm] Tom Malone: 1511.00 MINI stopped out ——-
[03:27:55 pm] Tom Malone: $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
[03:28:31 pm] Tom Malone: We will enter back in 100% long at 1511.00 stops at 1508.50
[03:28:38 pm] Tom Malone: 0 Risk right here
[03:28:42 pm] Tom Malone: 2744 NQ
[03:28:58 pm] Tom Malone: we will go long 50% NQ at 2744.50
[03:29:06 pm] Tom Malone: MINI
[03:29:28 pm] Tom Malone: 2740 stops Mini
[03:29:37 pm] Tom Malone: $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
[03:29:37 pm] TTTMichael G: Just checking in for the first time today. Is the IRA still >100% invested or does this market now go to 1480??
[03:30:01 pm] Tom Malone: Net short in IRA
[03:30:08 pm] Tom Malone: we just now added QQQ
[03:30:11 pm] Tom Malone: 25%
[03:30:19 pm] Tom Malone: so we are neutral Long term
[03:30:39 pm] Tom Malone: Bearish INT term and Bearish short term on the TTT Sell Signal
[03:33:26 pm] Tom Malone: Only looking for longs – maybe 5-8 handles of pain to take – better than 177 we had on the up move from Nov
[03:34:18 pm] Tom Malone: 1491 ES target
[03:34:45 pm] Tom Malone: heaviest selling so far in 2013
[03:34:48 pm] Tom Malone: by far
[03:34:52 pm] Tom Malone: = COC
[03:35:03 pm] Tom Malone: and maybe just maybe TTT was right ?
[03:35:12 pm] Tom Malone: with my good friend Zags
[03:35:48 pm] Tom Malone: Biggest one-day gain for the VIX since 11/9/11. Ouch. $VIX $VXX $SPY
[03:37:13 pm] Tom Malone: Biggest one-day gain for the dollar since 7/5/12. $DXY
[03:37:14 pm] paul buckles: Thanks for the patient support
[03:37:46 pm] TTTMichael G: Are you saying you have a short-term BUY (3-5%)?
[03:38:04 pm] Tom Malone: NO
[03:38:26 pm] Tom Malone: We have a TTT Sell signal announced from 1530 SPX cash yesterday
[03:38:38 pm] Karen P: yes tell us how only looking for longs jibes with ST sell signal
[03:38:38 pm] TTTMichael G: Thanks.
[03:38:44 pm] Tom Malone: = conditions are right for a 1-3% quick pullback
[03:38:55 pm] Tom Malone: so we are on that sell signal ++++
[03:39:12 pm] Tom Malone: Intermediate term sell signal that lasts into April
[03:39:21 pm] Karen P: only looking for longs into close?
[03:39:22 pm] Tom Malone: so we are still in the mud here
[03:39:47 pm] Tom Malone: Taking profits on the ES and NQ here at the Market
[03:39:57 pm] Tom Malone: TAKING off all long MINIS here
[03:40:03 pm] Tom Malone: ES at 1513.00
[03:40:14 pm] Tom Malone: NQ at 2746.50
[03:40:22 pm] Tom Malone: MINIS Taking back gains
[03:40:28 pm] Tom Malone: MINI NOW 100% Cash
[03:40:39 pm] Tom Malone: MINI was leveraged long on 0 risk
[03:40:44 pm] Tom Malone: and got some back
[03:40:50 pm] Tom Malone: on the bounce
[03:40:58 pm] Tom Malone: $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
[03:45:58 pm] Tom Malone: 3.0 TRIN AKA Arms
[03:46:02 pm] Tom Malone: Always bounce
[03:46:17 pm] Tom Malone: 0 risk
[03:46:36 pm] Tom Malone: over 20 handles
[03:46:45 pm] Tom Malone: near 2% on many indices
[03:47:03 pm] TTTMichael G: What is your entry on QQQ/QLD??
[03:48:32 pm] Tom Malone: qqq 67.38
[03:48:51 pm] Tom Malone: IN IRA
[03:48:57 pm] Tom Malone: 4% stops
[03:49:02 pm] Tom Malone: starter position
[03:49:13 pm] Tom Malone: 2744 has to hold
[03:49:47 pm] Tom Malone: http://www.ttthedge.com/portfolios
[03:50:17 pm] Tom Malone: ERY HOD 5.94
[03:50:30 pm] Tom Malone: what a great set up to short oil and oil stocks
[03:51:49 pm] Tom Malone: VIX up 15%
[03:52:30 pm] Tom Malone: The VIX “fear gauge” just closed at its lowest level since 2007, but indicators tracking the underlying pricing in S&P 500 options tell a different story. Close to being trouble
[03:52:38 pm] Tom Malone: Now with the 15% rise
[03:52:52 pm] Tom Malone: we feel confident our call was right just a little early
[03:53:05 pm] Tom Malone: we managed to go from leveraged long to leveraged short
[03:53:22 pm] Tom Malone: over a time where the markets topped flat from Feb 1st
[03:53:52 pm] Tom Malone: The latest Public Opinion data show that sentiment on gold dropped markedly with its latest push lower. Bullish opinion is under 42% for only the 2nd week in more than a decade (February 11th, 2005 was the other week). During gold’s bear market prior to 2001, Public Opinion routinely dropped below 20%, so it can get much lower, but in its current regime it has been a long time since we’ve seen such pessimism.
[03:54:06 pm] Tom Malone: From the latest corporate insider report from Insider Insights: “The rolling 4-week average of our Weekly Insider Buy/Sell Ratio has been loitering for several weeks now just above negative 80%. That’s a level that has tended to correspond with short-term peaks in rallies for over a year now. Nonetheless, we remain fully invested going into next week.”
[03:54:46 pm] paul philp: Tom continuation dow tomorrow?
[03:54:53 pm] Tom Malone: MINI 100% long here at 1509.50 $$$$$$$$$$$$$$$$$$$$$$$$$$$
[03:54:55 pm] Karen P: 27/30 dow to buy MOC
[03:55:16 pm] Tom Malone: Will close out at 4:15pm prices
[03:55:21 pm] Tom Malone: or audible
[03:55:40 pm] Tom Malone: MINI LONG 100% here into close 1509.50
[03:55:55 pm] Tom Malone: No stops will sell on the close
[03:58:49 pm] paul philp: tks
[04:02:02 pm] Tom Malone: Great to be back
[04:02:10 pm] Tom Malone: and TY y’all for being here
[04:02:34 pm] Tom Malone: NQ is broken
[04:02:40 pm] Tom Malone: next support 2722
[04:02:48 pm] Tom Malone: then 2710
[04:02:51 pm] Tom Malone: then bear
[04:05:02 pm] Tom Malone: 20% Up on VXX
[04:05:06 pm] Tom Malone: ish
[04:06:26 pm] Tom Malone: Looks like $TRIN is going to close today around +3.02.
[04:10:50 pm] Karen P: it’s true that naz has shown zero signs of strength so far
[04:11:18 pm] Tom Malone: the Dow too for the month
[04:11:26 pm] Tom Malone: only real strength in TF
[04:11:47 pm] Tom Malone: all indices may go – on the open tomorrow for FEB 2-now ?
[04:12:12 pm] Karen P: i meant into close
[04:13:29 pm] Tom Malone: 20 handles off since yesterday TTT Sell Signal
[04:13:32 pm] Tom Malone: nice
[04:15:19 pm] Karen P: welcome back!!
[04:15:27 pm] Karen P: how was that for a welcome?!
[04:15:44 pm] Tom Malone: Rare TTT SELL Sgnal
[04:15:49 pm] Tom Malone: WAS a Huge call
[04:16:05 pm] Tom Malone: very much needed that confirmation of the int term
[04:18:40 pm] Karen P: but did you really tweet that keith m was a girly man?
[04:18:46 pm] Tom Malone: no
[04:18:59 pm] Karen P: jk
[04:18:59 pm] Tom Malone: just that he was slamming bears yesterday
[04:19:05 pm] Tom Malone: no respect for markets
[04:19:10 pm] Tom Malone: was really cocky
[04:19:16 pm] Tom Malone: where did it get him
[04:19:25 pm] Tom Malone: timestamps and words do not lie
[04:19:32 pm] Tom Malone: only childish traders
[04:19:35 pm] Tom Malone: like hi m
[04:19:39 pm] Tom Malone: he will grow up
[04:20:08 pm] Karen P: how many years you been doing this?
[04:22:01 pm] Tom Malone: 41 on June 7th 2013
[04:22:23 pm] Tom Malone: forgotten more than Keith will ever know
[04:23:06 pm] Karen P: started when you were 12 right?
[04:23:22 pm] Tom Malone: 6
[04:23:26 pm] Tom Malone: lol
[04:23:41 pm] Tom Malone: 16 Clinton foods
[04:23:56 pm] Tom Malone: interning for a 4 pack a day Corn futures broker
[04:24:06 pm] Tom Malone: learning how to screw farmers
[04:24:08 pm] Karen P: ha
[04:24:27 pm] Karen P: are they still at it?
[04:24:41 pm] Tom Malone: ADM bought them about 20 years ago
[04:24:53 pm] Tom Malone: HUGE ADM facility in Clinton Iowa
[04:24:57 pm] Karen P: oh right, ADM owns everything now
[04:25:02 pm] Tom Malone: yes
[04:25:19 pm] Karen P: comforting thought
[04:25:40 pm] Karen P: (NOT)
[04:26:00 pm] Tom Malone: See y’all tomorrow
[04:26:04 pm] Tom Malone: looking good
[04:26:15 pm] Tom Malone: night all
[04:31:25 pm] Karen P: night tom!
[04:33:39 pm] Karen P: BIGGEST DAILY DECLINE SINCE MID-NOVEMBER
[04:33:45 pm] Karen P: sorry for caps