Wednesday, November 12, 2008

When The Market Gives You Lemons...

I, for one, take those lemons and squeeze the lemon juice into any available open wound on my body.

I'm completely smoked, like historically smoked for me, down 5 grand, mostly because of this shit PLD.



What I've learned the hard way in this market, is that 20% moves in cheap stocks is quite common. The only silver lining I see right now, is that there's good volume in the market and I'm hopeful that I'll be able to make at least a portion of my loss back this afternoon.

NOTE: As of 12:00, the Manservants are solidly in charge. I'm second worst in the office currently, and I'd be worst were it not for "Trader C" blowing up. But there's loads of big red numbers right now that hopefully we can pare.

UPDATE: My day is only getting worse, as my neighbor (and nemesis) has begun to blow his leaves onto my property.

7 comments:

PW said...

DT,

Your freak'n hillarious I've read some of your old post and your all over the place but it's entertaining and keeps me coming back.

At least your honest about your losses not everyone can do that. There are far to many people losing money but afraid to tell anyone....I like what I see and I'll keep checking in.

P.S. What do I have to do to become a caveman.

Dinosaur Trader said...

PW,

Thanks, I'm glad you like to read about other people's pain. I too revel in other's losses.

Like "Trader D" for example... that dude knows how to lose money!

Anyway, I'll check out your blog. The Cavemen write blogs I read daily, or at least a couple times a week.

-DT

Pete said...

seen another post in last few months about u getting smoked on a big deviation down mover - bottom picking ur bread and butter style?

Dinosaur Trader said...

No, not at all. However, now and then I'll get involved with these shits.

I think most of the time I make money in them. The blowups just happen to be very memorable.

-DT

Attitude Trader said...

Hey DT,

Damn, I guess we've both been around for a while because I believe I recall the leaf blowing wars from last fall.

Anyway just getting back into the trading blog neighborhood and wanted to check in (yes, I've been a lurker over the past few days).

VO to RO? I'm going to have to backtrack and get caught up with your shenanigans.

Good to see you still kickin' it.

Hope your family is well.

-AT

Dinosaur Trader said...

AT,

Good to see you again! You gonna start posting?

The RO is like, 3 or 4 billion times better than the VO.

-DT

Attitude Trader said...

Yeah, I already am! Not trading right now though...that'll come.

I'm glad to see you solidly into your trading and not "getting your resume ready" and wondering whether you're going to have to get a "real" job like a few months ago.

You provide a lot of stability in this trading 'hood and it's nice to come back and see you still here.

Thanks. Talk to you soon.

-AT