Wednesday, October 17, 2007

Virtual Office, $6460. Dow, -20.40, 13,892.54.

Evolution, $1544 on 26,300 shares traded.
Me, $739 on 70,600 shares traded.
Akalawoo, $134 on 5 contracts traded.
Denarii, $25 on 2960 shares traded.

Momojuicing, fixing a house.
Tapeworm, -$55 on 2 contracts traded.
OBAT, -$89 on 12,000 shares traded.
Bubs, -$110 on 1500 shares traded.


I'm not really sure what to make of today's market. I guess you could say that the volume was "strong" since we got to around 1.4 billion shares traded.

It was nice to see the VIX rally midday, even if it means my lunch was messed up. However, I hated to watch it decline into the close. Basically, I make money when the VIX goes up and I lose it when the VIX goes down... it really seems to be that simple lately.

It was a mixed day in the VO. Most of the members made money but some did not. Early on I was down as well. I don't think it was a good morning for trade, you just had to be there when the market "puked itself" midday to make any money.

Meanwhile, after getting filled 4 points out of the money on an odd-lot short sale in FXI I hate the Hybrid Market all over again. There's just no accountability there. They blame the robots... whatever, fuck robots.

Basically, no matter how bearish I may feel I know the market is going higher. Dow 50,000.

6 comments:

Bubs said...

Damn on the bottom again, have to get my act together

Dinosaur Trader said...

I just missed the bottom today... had a good "lunchtime" that saved my ass.

-DT

Time Is Money said...

hi DINO. I can be a member of the VO if you would like but i usually don't like to post my daily PnLs. I like to post weekly PnLs. Daily PnLs force me to think short term and as a result i only track weekly gains or losses. Would that be a problem?

Stewie.

Dinosaur Trader said...

Stewie,

I'll have to think about that... I'll email you offline.

-DT

Time Is Money said...

ok. just let me know. but the idea about getting laid sounds great.
Stewie.

Dinosaur Trader said...

Yes, this is true. All members of the VO get laid more than your average idiot.

-DT