Wednesday, September 5, 2007

Virtual Office, $8243. Dow, -143.39, 13305.47.

Misstrade, $9614 on 20,900 shares traded.
Me, $596 on 11,800 shares traded.
HPT, $400 on 73 contracts traded.
Bubs, $105 on 400 shares traded.
Denarii, on a beach, tanning.

Tapeworm, -$32 on 8 contracts traded.

OBAT, -$108 on 7000 shares traded.
Evolution, -$2332 on 6000 shares traded.

Well, I need to get out of here for awhile but I figured I'd post a preliminary VO since most (if not all) of the numbers are in.

Volume is still light on the NYSE. Looks like another day where we'll trade below 1.5 billion shares. In fact, we haven't traded over 1.5 billion shares since the 20th of August. I dunno... call it a summer hangover. Everyone still wants to be on the beach.

It was a pretty choppy day in the VO. We lost money overall and that's never good. Evolution has been on a great roll and he took a little hit today. In his email to me he offered a one word explanation, "airlines." Check out his blog for the full details.

Anyway, I expect trade to continue light for the rest of the week. In fact, I'm beginning to think it may be light all the way until the Fed meeting on the 18th. There's just so much speculation and indecision about what they're going to do. I hope I'm wrong because I'm hoping for more volume and volatility... time will tell.

UPDATE: As you can see, Misstrade won't be watching football until tomorrow. He turned in quite a day bringing the VO into the green.

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