Friday, December 7, 2007

Virtual Office, $0. Dow, +5.69, 13,625.58.

Dehtrader, $1170 on 8004 shares traded.
Denarii, $40 on 2000 shares traded.
OBAT, $29 on 13,800 shares traded.
Misstrade, no trades.
Wincity, no trades.
Sanglucci, -$276 on 16,600 shares traded.
Me, -$963 on 18,800 shares traded.


It's fucked up that the VO closed exactly at $0, no?

We didn't even get to the pathetic level of 1.2 billion shares on the NYSE today. I find this somewhat surprising since we received the employment data this morning. Hopefully things pick up after Tuesday. However, since this is September redux, my new feeling is that traders will be disappointed if they're waiting for action after Tuesday.

Indeed, my new feeling is that the profession of stock trading is dead.

While that may be an exaggeration brought on by my poor trading this week it's true that I don't see a light at the end of the low volatility tunnel.

Finally, I want to point out that after yesterday's Virtual Office post sparked a little debate about the blogger known as Misstrade that I invited him to provide a post to answer his critics.

He declined.

Enjoy your weekend. I will have an open thread up. Please feel free to link-whore your blog there. And naturally, I will also be giving away billions in prize money.

Finally, Ragin is still gay.

4 comments:

Kris Herring said...

My bad guys, left the office early and forgot about the numbers. +2200 on 100,000 shares. Have a good weekend everyone.

Dinosaur Trader said...

Nice day, ET. That takes us nicely off the $0 mark.

That was freaky.

-DT

. said...

DT-
Is the virtual office a legitimate business, or are you just trading "funny money?"

Dinosaur Trader said...

alpha,

Well... everyone is trading their money legitimately and telling me how they do. Then I report it here for the voyeurs.

-DT