Monday, May 21, 2007

Al Gore On Good Morning America

Doesn't Diane Sawyer realize that she proves his point with every idiotic question she asked him?

How much do you weigh, she asks him? I don't know, how much do you THINK, Mrs. Sawyer?

If we had a real media our country wouldn't be in the mess it's in.

Ted Leo & The Pharmacists, "Where Have All The Rude Boys Gone?"

Sleepy Market, Sleepy Trader

Like I mentioned in my morning post, it was a long weekend here. What I failed to mention was that before I spent 17 straight hours in the field documenting bird species for a local environmental advocacy group I had only 2 hours of sleep because we had friends out for the weekend. So I woke up this morning feeling very groggy.

It worked out because I really traded lightly on a day where I otherwise would have over-traded.

My best stock of the day was again, TNH.

Although I really missed the money trade by getting long off the open. However, with the way this stock has been moving, I decided that was more of a missed dice roll than a missed trade.

Here are my trades:

9:55:03 Short 200 @ 85.87 (-200)
10:07:07 Buy 100 @ 86.39 (-100)
10:16:13 Buy 100 @ 84.80 (flat)
10:47:50 Buy 100 @ 84.94 (100)
13:04:11 Sell 100 @ 86.60 (flat)

Short and sweet. I made $218 in the stock and enjoyed a nice lunch out with a friend to boot.

Anyway, I traded TNH today just to basically "keep up" with the stock even though I knew I would be taking it easy today. He's been such a good mover and I didn't want to get out of the game. Basically, by trading him (however small or infrequent my positions were) I was forced to actively watch him. That will put me in a better position to trade him tomorrow should he be moving.

Although, I do expect that unless TNH can make a new high soon that the volatility will dry up in him. That's unfortunate, because right now I'll take volatility wherever I can find it.

Tonight I plan on sleeping well. Tomorrow I plan on trading.

Here's the stats:

P&L, $355
Best, TNH $218
Worst, DE -$62

shares traded, 12,200
stocks traded, 16, 9 positive, 7 negative
total trades, 109

Virtual Office, -$3226. Dow -13.65, 13542.88.

EvolutionTrader, $584 on 88,300 shares traded.
Me, $355 on 12,200 shares traded.
One Bad-Ass Trader, $88 on 13,400 shares traded.
Denarii, $19 on 1000 shares traded.
Dehtrader, -$54 on 19,500 shares traded.
Misstrade, -$4218 on 6400 shares traded.

Well, what can you say? It was a slow day. Not much going on. ET did his best to trade the heck out of the market to give it a boost, but despite his best efforts, the market was quiet and tired.

Misstrade ends a long string of really remarkable gains with a bit of a downer today. If it's any consolation MT, I think CROX are ugly as hell too.

Unfortunately, there really is a lack of economic data out this week and we're up against the Memorial Day holiday weekend. It could be a tumbleweed-blowing type of week. Perhaps this will give me some time to work on a new history post. We'll see.

Slow day... some more sick humor

"Oh, I think she's actually hurt there..."

Because I posted this, I am sure to have my wind knocked out soon...

Sleep.... Ah, Sleep!


That's the number of bird species I saw yesterday while taking part in a local "faunathon" to raise money for an environmental advocacy group.

We were out in the field by 3am searching for noctunal birds (like Chuck's Will-Widow and Barn Owl) and ended in a field at 8pm watching American Woodcocks display.

It was an amazing day. However, I'm completely shot today and I think I may be forced to trade very lightly.