Friday, May 30, 2008

Virtual Office, $2. SPY, +0.24, $140.26.

Me, $122 on 4200 shares traded.
Tokyo, $60 on 793 shares traded.
OBAT, -$89 on 9000 shares traded.
Denarii, -$91 on 3400 shares traded.

Wow, we did 40% of today's volume in the last 20 minutes of trade. There were loads of imbalances... obscure, little stocks, with huge imbalances. Not sure what to make of it all. But it was a heavy volume, strange close. I lost $50 just playing around... normally, when there are that many imbalances, they work. Not today.

Anyway, speaking of imbalances, I'm looking forward to the upcoming Russell Rebalancing... guys in my office are already salivating over the possible gains and losses.

Until the close, we were on track to trade less than a billion shares on the day. So it was largely quiet out there. The VO was largely absent and not much of a force to be reckoned with in trading.

I have to say, that trading without the "aid" of CNBC is much nicer. It's quiet, unemotional, and fun. Turn off the TV and just watch the graphs... better for the blood pressure levels.

I'll have a daily post up later this evening and over the weekend, a monthly recap, of sorts.

QUESTION: Is my blog load time all fucked up? And can you see the "recent comments" widget? It seems to have disappeared...


HPT said...

load time is fine,
recent blog comments vanished.
Your blog sucks,,,,oh,,, oops, I mean CNBC.
PS- NYSE volume blowed this week. Volatility is dead, hopefully it'll come back next month.

Sam Jackson Rhodes said...

yeh its gone.

hey answer my question, its down there past the dull.

Dinosaur Trader said...

Dull? Nothing on this blog, sir, is "dull."

I can't figure out which I didn't answer. I don't hold shit overnight... the numbers I report here are after "commissions" are removed... I don't know what % of my profits goes to commissions. At this point, trading as little as I am, not too much. Will I try strictly swing trading for June? No... I'm still focusing on my current style. I need to give it some time. I feel I'm making progress, so I'll stick with it for now. Perhaps in the future, I will try to swing trade more... but I need to get this down first.


Sam Jackson Rhodes said...

coo coo

Dinosaur Trader said...

Mourning dove?