Wednesday, June 11, 2008

Virtual Office, $668. Dow, -207.05, 12,082.56

OBAT, $403 on 3200 shares traded.
Me, $251 on 4400 shares traded.
Denarii, $71 on 5000 shares traded.
Tokyo, -$57 on 3575 shares traded.

Damn, Lehman Brothers (LEH) is completely fucked, eh? It's never good when you drop 33% over 4 trading sessions on gigantic volume.

Volume was good again today, not a good sign for the bulls. However, I wouldn't be surprised to get a little "relief rally" tomorrow off of 12,000 should we get there. We may need to consolidate a bit before "testing the lows." We'll see.

We have two big events looming as far as trading is concerned. The Russell Rebalancing at the end of June and a (hopefully interesting) July earnings season. Remember how much last earnings season sucked?

I do. We had such low volume that I wanted to eat my television set.

Anyway, another decent day for the scaled down VO. I'm still trying to entice my "real office" members to report their stats to me. Without whores, blow, or money to offer, it's been tough.

Meanwhile, in my real office I was #7 out of 22 traders today. The office range (gross) was $1632 to -$3624.


sage08 said...

i wish you had more members in the vo.. your blog is the first i check on my mobile when i wake up, usually to gauge how i do vs the VO guys. Btw,why isn't Equine in the VO cemetary like the rest of the mortals..

Dinosaur Trader said...

The VO will grow again. But I'd rather have it small and compliant than have to worry about chasing numbers down, and complaining about people not blogging. I just don't have the time for that.

Equine isn't in the cemetary because she never had the decency to even email me that she was leaving. Also, the cemetary is totally up to my discretion, otherwise it's a free link for any idiot who joins the VO for a week.