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.
Monday, May 21, 2007
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
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.
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...
Because I posted this, I am sure to have my wind knocked out soon...
141
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.
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.