Wednesday, February 27, 2008

Virtual Office, $937. SPX, -3.30, 1379.50.

Ducati, $1059 on 600 shares traded.
Evolution,
$791 on 20,600 shares traded.
Denarii, $119 on 2600 shares traded.
Wincity, $10 on 200 shares traded.
OBAT, -$82 on 15,600 shares traded.
Timmay, -$140 on 800 shares traded.
Dehtrader, -$179 on 10,410 shares traded.
Ainkurn, -$274 on 650 shares traded.
Me, -$367 on 35,000 shares traded.


The volume in the market really seems to have settled in to a norm. Every day it seems we're trading between 1.4 and 1.5 billion on the NYSE. In a way, I like the consistent volume. I wonder how long this will keep up.

As I posted earlier, the FRE and FNM news really spiked the market midday. Many traders in my office just cleaned up with those trades. Congrats to those who were able to take advantage of that volatility. And speaking of volatility, we got a bounce in the VIX today, up .82 to 22.72.

The VO had a crappy day, but no disasters, so no real problem. Update: Ducati did well...

Finally, everyone hates Gasparino as he's ruined trade in the last hour of the day. You can pretty much count on an irrational spike when he starts to talk. What a mess...

NOTE: Daily post will either be late or non-existent... I'm going out to dinner with the missus. We have a babysitter...

8 comments:

Sanglucci said...

DT I'm fuckin up man keep forgettin about u man promise won't happen again I kno how timid you are sometimes you get a lil crazy... For those of you who wanna know...

P&L: 984
Shares 46800

ainkurn said...

nice job sanglucci

Dinosaur Trader said...

Sanglucci,

If you can get me tickets to Hanna Montana all is forgiven.

-DT

Sanglucci said...

bwwwwaaahahaha I know ya daughter wanna go to that shit but too late boi sold OUT I'll let u know next time around cause if she does another tour... it's over I'ma be rich... not like her tho

Woodshedder said...

How long before you all are trading GS?

swift_trader said...

just a small question...do u guys have any idea why MER and WB finished in negative territory while JPM, C and MS rallied at the close? It just bumps me out :)

appreciated

Dinosaur Trader said...

Woody,

Ducati is off to a nice start!

Swifty,

Stocks like that trade in loose correlation to each other. Can't always guarantee lockstep.

-DT

Servcorp said...

Great to see what's going on in the market, nice job!

Virtual Offices