Tuesday, August 21, 2007

Virtual Office, -$443. Dow, -31.70, 13089.65.

Evolution, $548 on 37,400 shares traded.
HPT, $400 on 75 contracts traded.
Bubs, $241 on 1800 shares traded.
Denarii, -$2 on 1600 shares traded.
OBAT, -$375 on 13,000 shares traded.
MT, -$615 on 3000 shares traded.
Me, -$640 on 38,000 shares traded.

Another red day for the VO marking our second in as many days.

Once the FED cut that discount window rate the volatility dried right up. So for the time being, it's smart to be more careful with your trades. You can't expect the big moves that we had last week and the week before. You have to pick your spots better... and probably pick fewer spots.

Like I mentioned in my previous post, I'll be taking it very easy from here until after Labor Day barring anything insane happening. That said, I'll still post the VO every day. I'll also probably take one or two trades a day just to keep myself in the game a little bit.

So while posting will dry up with the market volume here, it won't be completely dead.

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