Wednesday, June 13, 2007

Virtual Office, $1389. Dow, +187.34, 13482.35.

Misstrade, $2365 on 5600 shares traded.
Evolution, $385 on 64,700 shares traded.
Denarii, -$134 on 2000 shares traded.
Me, -$484 on 49,600 shares traded.
Dehtrader, -$743 on 6000 shares traded.

It was an uninspiring day for the VO.

Yes, yes, Misstrade made good money again but the sun also came up today. I hardly notice anymore.

Outside of that, it wasn't an easy day. The morning was downright choppy and that move at 10:00am seemingly came out of nowhere. Then we were back to chop until the Beige Book was released at 2. That's when the market really ripped.

Anyway, it was an impressive move. When the market moves that much, I discount volume which today, was again on the lighter side, at least on the NYSE where it about equalled the amount traded yesterday.

It's hard to tell what the market is going to do next. Perhaps the answer is right there. The market may not be ripping up thousands of points anytime too soon but after today, it doesn't look like it's about to tank either...

Time will tell.

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