Slower Than Humid Southern Cities

Man... just over a billion shares. What the freaking heck?

A couple of weeks ago I thought we were waiting for the FED meeting to get back to normal trading volume. Now, it's waiting for "The Big Employment Data" tomorrow. Next week I'm sure it will be "we're waiting for earnings season to begin." In short, volume is leaving this market. It's all apparently headed to China. Anyone know where to surf in China or is the sea there a liquefied vat of poison?

Anyway...

I more or less took some profits early today and ran with them. I detailed my DSX trade in an earlier post. Of course, I managed to churn some of my profits from that trade away, but still it was my best stock of the day as I managed to net $958 in it.

My other good trade of the day was a short in UBB.



Here are my trades in UBB:

9:32:32 Buy 200 @ $135.79. (200)
9:35:53 Sell 100 @ $136.43. (100)
9:36:00 Sell 100 @ $136.41. (flat)
9:36:58 Short 300 @ 137. (-300)
9:37:14 Buy 100 @ $137.24. (-200)
9:37:28 Buy 100 @ $137.28. (-100)
9:38:05 Short 200 @ $137.17. (-300)
9:46:33 Buy 100 @ $135.85. (-200)
9:49:59 Buy 200 @ $134.46. (flat)
10:13:01 Short 200 @ $135.87. (-200)
10:14:15 Buy 200 @ $135.66. (flat)

Net profits, $765.

So my back is shot. I'm getting away from this computer for awhile to lay down.

Here's the stats:

P&L, $1564
Best, UBB $958
Worst, DSL -$205

12,800 shares traded.
10 stocks traded, 6 winners, 4 losers.
61 trades.