Tuesday, August 28, 2007

Virtual Office, $4711. Dow, -281.10, 13041.03.

Misstrade, $2610 on 24,000 shares traded.
Evolution, $2017 on 20,000 shares traded.
Me, $253 on 11,200 shares traded.
OBAT, -$33 on 3200 shares traded.
Denarii, -$136 on 4400 shares traded.

Wow, well, maybe I picked the wrong week to "take off." But you know, I'm just recharging the batteries.

The market got killed today. And while it got killed on relatively light volume, one should notice that while light, the volume was still stronger than it has been on our most recent up days. That means only one thing, the market is still going through bouts of distribution. It's ugly out there.

Volatility should continue into September. Thank the trading gods.

NOTE: No daily post tonight. I made my money shorting BBD...

Jane's Addiction, "My Time (live)"

I planned on trading this morning, but the surf was just too clean and pretty to pass up.

So instead I barely traded this afternoon. Clearly with the market down 245 points I'm missing some opportunities. However, everyone needs a vacation.

Here's another nice and mellow song to go with my nice and mellow day.