Friday, September 7, 2007

Virtual Office, $2919. Dow, -249.97, 13113.38.

Evolution, $1776 on 54,800 shares traded.
Me, $615 on 34,600 shares traded.
HPT, $600 on 42 contracts traded.
Tapeworm, $145 on 2 contracts traded.
OBAT, Hong Fucking Kong.
Misstrade, watching football.
Denarii, tanning.

Bubs, -$104 on 1000 shares traded.

Akalawoo, -$113 on 8 contracts traded.

Wow, the market got creamed. Did we not see this one coming? Also, the move came on the strongest volume in weeks at 1,460,231,000 shares. Say it with me, D-I-S-T-R-I-B-U-T-I-O-N.

One note... Mary Thompson said today's move came on "low volume" and therefore that was "good news." Say it with me, I-D-I-O-T! I mean, how do you report for the biggest financial news network and not know when the market is flashing distribution?

Lots of talk on CNBC about the rate cut. Everyone seems to be treating it as a fait accompli (appealing to my French readers there...) I mean, I think that's scary either way you play it. If it's so obviously coming, you'd expect most of the move to be priced into the market already. If it doesn't come... well, then you're screwed again.

Choose your poison, I guess.

Meanwhile, if someone doesn't get up there and "fave" this damn blog, I'll be forced to take those little buttons down. Just sign in to Technorati, "fave" it, and be gone. I mean, I'm blogging my heart out for you people!

Have a great weekend. Since the VO made money today, we'll let Akalawoo chill out a bit longer.

15 comments:

tapeworm said...

poor mary doesn't have the looks or personality for tv, and it appears she is lacking in knowledge also

my vote is for 24/7 dylan channel with hot babes tossed in and a couple of kernan jokes to keep it light

Dinosaur Trader said...

Agree. Ratigan is the only one with a brain on that network. At least he talks to traders and seems to understand what they're saying...

-DT

artha said...

DT,

Done. I've registered with Technorati just so I can "Fave" your blog. It's the least I can do to show my appreciation. However, if I start getting junk mail from them, they will be forwarded to you. :)

lawrence said...

Am i the opposite trader in VO. First day top the chart, 2nd day top the chart too but from the bottom. =P

Dinosaur Trader said...

artha,

I've never received spam from Technorati. Actually, I really like the site. It's a good way to keep up with blogs.

Thank you!

-DT

Dinosaur Trader said...

Lawrence (aka, akalawoo),

I hope I didn't put some type of negative pressure on your day by telling you that you brought the VO bad luck. Actually, I blame all the vacationers... it's September! Get back to the market so we can get some volume going again!

-DT

mOOm said...

I closed all trading positions in the last quarter hour despite my model still being short because who knows what the Fed might do over the weekend. I don't think they'll do anything till 18th September but you never know.

Don't know anything about this Technorati thing, sorry.

Bubs said...

Will you guys are at add me to your technorati favorites. Have a good weekend.

Bubs said...

It's Friday so I can't write proper sentances. Let me try this again.

While you guys are at it add me to your technorati favorites to.

Time to grab a few and watch the Cubs choke away their division lead.

lawrence said...

Hey dino you didnt add pressure on me. It was a stupid trade that i made on wednesday that cause me going negative today. If not should be in the positive side. Good to see Tapeworm making some money after a fews bad days.

Bluedog said...

Just favorited your site, DT! Keep up the good work!!! It's always a pleasure to read your blog (daily!)

BD

Dinosaur Trader said...

Thanks, BD! I look forward to making some money with you over at Wallstreak.

And Akalawoo, I agree. You see, that's the nice thing about the VO. Everyone wants everyone to make money. It's that positive energy that hopefully propels us all to new levels.

Bubs, I favorited you.

-DT

artha said...

DT,

Do you stay in contact with NYSE Scalper? I use to read his blog regularly, which was how I found yours. I wonder how he is doing.

Dinosaur Trader said...

artha,

We've emailed a couple of times since he went on "hiatus." Like you, I'm hoping he returns. Reading his blog made me want to start this one.

-DT

tapeworm said...

lawrence: thanks

artha and dt: i was just thinking about the nyse scalper today...wish him well from everyone...he had a great blog, and was consistently profitable