Friday, May 2, 2008

Virtual Office, $164. SPY, +0.39, $141.58.

OBAT, $670 on 7800 shares traded.
Timmay, $20 on 1000 shares traded.
Me, $14 on 11,200 shares traded.
Retardo, vacation.
Ainkurn, -$157 on 450 shares traded.
Denarii, -$383 on 9600 shares traded.

Today was a perfect consolidation day. All the trades that have worked the last few days (long financials, short oil, coals, ags) reversed slightly on lower volume. The indexes, though they started higher, sank all day, flatlined, and then pushed positive again in the last hour of trade.

It was a snoozer for me, but I know there was lots of money made today in prop world.

Anyway, it was pretty much a snoozer for the VO as well, except for OBAT, current mayor of "Cake City." He had his second above average day in a row.

Hopefully, next week, we get some more follow through on the trends that were started this week.

It's gonna be a rainy weekend here, so I should have some time to get some good research done. I also plan on preparing for my first paid blogging stint at "the Fly's" place next Tuesday. Make sure you visit, May 6th, 4pm to midnight.

Oh, and check out Timmay's new site. I think it's a little busy, but he has a lot of bling to fit into such a small space.


OONR7 said...

After visiting the site... I'm gonna take a wild guess here and say Sykes really likes his first name.

Dinosaur Trader said...

"Tim" is the new black.


mrkcbill said...

Thanks for the Link...I've always like that dude since I watched his Mom come over and clean his apartment on Wall St Warriors... He obviously has a passion for the market. Good Site.