Wednesday, January 30, 2008

Virtual Office, $4200. Dow, -37.47, 12,442.83.

Sanglucci, $1425 on 47,200 shares traded.
Dehtrader, $1035 on 2100 shares traded.
Evolution, $679 on 55,400 shares traded.
OBAT, $550 on 4800 shares traded.
Me, $421 on 15,600 shares traded.
Denarii, $52 on 1000 shares traded.
Wincity, $38 on 200 shares traded.


Well it was a wild one.

Ben "the beard" Bernanke did not disappoint the markets, cutting 50bp in the FED funds rate and another 50 at the discount window. And the market completely ripped on the good news.

Until it sold off like a motherfucker.



Volume was dead all day but took off after 2:15. The close today was amazing... financial stocks got completely crushed.

The VO did well. Not one red trader today... always a nice way to end the day.

I, for one, am very happy the FED is now behind us. Time to start trading again!

2 comments:

tapeworm said...

i like to refer to him as Ben "Bukaki" Bernanke, but prospectus refused to do that photoshop

as the guys in the pit were anxiously awaiting relief, they looked up only to receive a huge facial

Dinosaur Trader said...

And we've hit a new low...

-DT