Tuesday, December 11, 2007

Virtual Office, $12,158. Dow, -294.26, 13,432.77.

Misstrade, $12,140 on 6500 shares traded.
Evolution, $3266 on 31,400 shares traded.
Me, $277 on 5200 shares traded.
Akalawoo, $118 on 1 contract traded.
OBAT, $65 on 7600 shares traded.
Wincity, $56 on 260 shares traded.
Denarii, no trades.
Sanglucci, -$641 on 14,200 shares traded.
Dehtrader, -$3123 on 3698 shares traded.

You can't expect the FED to save the market all the time, can you? I mean, if I recall, they didn't even want to cut 50bp in September. Then someone hinted that no more cuts were coming at all and the market sold off hard for a good part of November.

I think they're really worried about inflation. Recessions come and go... inflation could be more of a long term problem.

I think cutting by 25bp was a good move. Let the market do some of the lifting too.

I didn't do much the first part of the day. And once the news hit Esignal promptly slowed down making it nearly impossible to trade such a fast moving market... so I didn't do much the second half of the day either...what a nightmare.

A crazy day in the VO... big gains and some big losses. We traded just over 1.4 billion shares which counts as "decent volume" nowadays on the NYSE...sigh....

Anyway, let's hope this makes trading interesting again. It's great to have the FED out of the way. Frontwards!

NOTE: My daily post will be late.

UPDATE: Apologies, but no daily post. I fell asleep putting my daughter to sleep and I just can't go in and turn the computers on again.

Hey, Look Who Showed Up!

Too bad Esignal is busy "shitting the shower."

New Pet Peeve

Admittedly, I have many pet peeves, but this one is really annoying and it has to do with internet advertising.

Yesterday, "Secatogue Henry" sent me an email that included a video. I opened the video but somehow the audio just didn't match the footage. I had "rolled over" some damn "Gap" ad that immediately started playing a "lively" video, audio and all, ruining my internet experience.

The thing about these ads is that they're normally banner ads. They're strategically placed between your cursor and the address bar on your browser so they're really easy to roll over. So while I'm sure they enjoy a fairly high "play rate" due to their subversive positioning, I'm also sure they mostly piss people off.

Not that I needed another reason to hate "the Gap." I've hated that company ever since they (along with Starbucks) bought every corner of NYC, "laming up" the city.

NOTE: The spellchecker in Blogger doesn't recognize the word "internet." Ironic.

Fucking Robots

He's not very good...