Wednesday, August 29, 2007

Charles Bukowski, "Dinosauria, we"

I thought this was a little appropriate. You people don't seem to like the music... fine. Eat some poetry.

I need to think up a new poll to bring the masses back.

Luck And Found Money

I was reading Attitude Trader's blog tonight and he put up a bunch of new links that have to do with "luck." He always has interesting stuff over there (especially his "attitude index"), so you should check it out.

Anyway, one of the links he has up is for a site where a guy invests money he finds. Like, he'll find 12 cents a day but he invests it all and keep track of it. Just a lot of fun to read. Here's the link. It's called "Found Money Jar."

Virtual Office, $3454. Dow, +247.44, 13289.29.

Misstrade, $2100 on 10,200 shares traded.
Evolution, $1652 on 65,600 shares traded.
OBAT, $236 on 5400 shares traded.
Tapeworm, $144 on 24 contracts traded.
Bubs, -$280 on 1600 shares traded.
Me, -$398 on 14,800 shares traded.

This market is so wacked out.

However, apparently if you're in the right frame of mind, it's worth trading. Me, I'm on vacation mentally and so I'm not even going to mess around anymore until Tuesday. However it's great to see Misstrade and Evolution making some hay.

Especially Evolution. Check his blog to see how he went through a mini-slump and has busted out of it. That kind of performance should be inspiring to all new or struggling traders.

Misstrade, well if you've been following this blog long enough you know he's kind of like a machine. He'll be off for the next 10 days. That should give some of us other slobs a chance to shine here in the VO.

It's good to see OBAT in the green, he's had a few rough ones recently.

And hats off to Tapeworm. On his first day in the VO he showed us stock traders that he has some chops.

Me and Bubs should have just stayed asleep today.

Anyway... my only market commentary is the following (and excuse me for sounding like a broken record)...Yes, the market rallied today but yesterday it sold off on higher volume... you'd rather see it sell off on light volume and rally on strong volume. Still, 250 points is 250 points... whatever.

It's wacky.

A New Virtual Office Member

We welcome "tapeworm" of Wallstreak and MovetheMarkets fame over to our Virtual Office today.

This worm contacted me a couple of weeks ago about joining the VO. At first, I turned him down because he is a lowly futures trader. I said we already had a "token" futures trader, HPT. However, after watching him post his numbers all alone everyday over at MtM, and after exchanging a few emails, I took pity on him.

Will the VO ever be the same? I doubt it. If I ever start talking about "R" on my site, you'll know the end is nigh.

Meanwhile you may be asking, why sign up another futures trader isn't your site about stock trading? Well, the answer to this question goes something like this... I keep these future traders on a short leash. Should we get a few more stock traders posting their stats here everyday, they will be the first to go. I think I can handle up to 10 traders total... Plus, I charge futures traders 10% of their daily take...

Every site needs a whipping boy. "The Fly" has Slope of Hope, Ducati has "the Fly" and I have futures traders.

NOTE: The Virtual Office post may be late today. Again, everything will be back to normal here after Labor Day. Until then, expect "service disruptions."

NOTE #2: You will no longer see the MtM link under my links. It is now listed under the name "Tapeworm" by the Virtual Office.