Wednesday, July 25, 2007

Virtual Office, $10180. Dow, +68.12, 13,785.07.

Me, $6817 on 63,200 shares traded.
Misstrade, $2395 on 5500 shares traded.
Bubs, $546 on 2200 shares traded.
Evolution, $212 on 73,200 shares traded.
OBAT, $128 on 6200 shares traded.
Denarii, $82 on 600 shares traded.

As I mentioned in my earlier post today, volatility is back.

With people not sure if the market is going to 20,000 because of the "goldilocks economy" or 10,000 because of subprimes and credit tightening the market isn't really sure what to do. And so, stocks are trading all over the place.

That's good for traders. Countless numbers of stocks tested their 50-day moving averages today. Only time will tell if it was a great buying opportunity or a real sign that lower prices are on the way. Better yet, earnings season lasts a couple of more weeks. Play this volatility until the middle of August and then go on vacation until early September.

The good news is that the VO had one of it's best days on record. Every trader finished in the green. Always nice to see.

Oh, and I kicked ass. :)


OBAT said...

wow DT you kicked ass today.

Bubs said...

Great day today DT.

Edwin said...

thata boy

Attitude Trader said...

Ah, freed your mind (from worry/concern/etc. with the auto-loss limit in place???), and freed your potential. Nice.


TraderCaddy said...

Right on DT.

Dinosaur Trader said...

Thanks guys!

You have it spot on AT. I just finished my daily post.

Time for dinner. I'm taking the family out tonight!


MIsstrade said...

there you go!! stops in and forget it and move onto next trade!! I love it .

MIsstrade said...

take the rest of the week off, savor your success, always a good idea after a big huge winning day!

Dinosaur Trader said...


No way will I be taking the rest of the week off! I understand where you're coming from, but the market has shifted here.

It's time to trade. I'm not saying I won't turn in two bad days to end the week, it's possible... but when the market is moving like it is there's just too much opportunity.