Tuesday, February 12, 2008

Virtual Office, $7131. SPX, +12.30, 1350.50

Evolution, $2653 on 91,000 shares traded.
Me,
$1286 on 23,400 shares traded.
Dehtrader, $1180 on 4430 shares traded.
Sanglucci, $1027 on 26,400 shares traded.
Equine, $430 on 5600 shares traded.
Ducati, $302 on 3200 shares traded.
OBAT, $243 on 12,200 shares traded.
Wincity, $10 on 200 shares traded.
Misstrade, no trades.
Retardo, no trades.
Timmay!, -$150 on 700 shares traded.

I think my metrics for figuring out if it's a good day or not, volume and volatility, are somewhat imperfect. Today we traded less than 1.5 billion and the VIX dropped, yet most people in my real office and in our virtual one, made decent money. Go figure.

Perhaps it has something to do with Ducati joining the VO.

Despite the somewhat lackluster volume, the indexes had nice moves. The Dow dropped 150 points from 3 to 3:30 and then bounced hard. The coal stocks ripped in the morning and then had complete reversals... there just seemed to be good movement.

Guys in my office were looking forward to tomorrow. They expect the volatility to come back. We'll see. I hope they're right.

4 comments:

Glenn said...

Nice work DT and Evo!!

Anything-Goes said...

when will the VO have an all green day? still making tons a mulla.. I am starting a hedge fund.. anyone wana invest with me? lol

Retard Trader said...

Now this is crap, I'm sure that you let equine in based on looks and now you are letting in someone named after a slow motorcycle (ya, ya, I know some of them are fast, but so are some retards).

What did he pay for entrance, a lap dance?

Dinosaur Trader said...

Thanks Glenn,

Meanwhile, Retardo, "the Fly" paid Ducati's entrance fee of $25,000.

AG,

What's working for you?

-DT