Wednesday, December 10, 2008

The RO Report, "In Santa's FACE!" Edition

I know we have a few weeks to go before Christmas comes, but the market is trading like it's ready to take an early holiday vacation. Unfortunately, when I went neutral after we hit the 50dma on the Dow on Monday, the market decided to listen. We seem to be caught in this 8600-9000 "death range." Volume is slackening and the intraday ranges are getting smaller.

Of course, this could be contraction before expansion. It could be like, I dunno... the market could be swimming in a really cold lake, but soon, it's gonna get out of the lake, dry off, and meet its girlfriend in a cozy little cabin by the lake... hmmm...

I'm not taking that analogy any further. Frankly, I'm slightly bothered it popped into my head.

All day, the RO was hating on me because I made a little money in the morning in coal longs (which I shouted scums!) and they were busy getting smoked. Towards the end of the day, when I still hadn't lost my money to join them in their misery, they were like a drunken crowd of fat ugly women tearing some hot chick apart.

Or, maybe this Bob Dylan lyric is more to the point...

While one who sings with his tongue on fire
Gargles in the rat race choir
Bent out of shape from society's pliers
Cares not to come up any higher
But rather get you down in the hole
That he's in.

By the end of the day, they caught me and I wasn't even a boss. They're out there, reading this now, some of them no doubt snickering but here's why I win... I have a really nice blog. Like, it's really important and people connect with it. And you know, they're just jealous.

LOL in your FACE office!

Anyway, out of 25 traders today, 15 were gross positive, or 60%. 6 traders made over $1,000 gross, while 5 traders lost over $1,000 gross. I was #6 of 25. All kidding aside, kudos to Traders Z and N for their solid comebacks. Still, it wasn't enough to prevent the office from "manservitude" today.

"Chambermaid" - Trader D, -$11,627 on 561k shares traded.

2. Trader C, -$10,212 on 342k shares traded.
3. Trader E, -$2,034 on 69,400 shares traded.
4. Trader J, -$1,879 on 52,600 shares traded.
5. Trader H, -$1,379 on 8,700 shares traded.

"Lucky Pierre" - Trader Z, $6,191 on 263k shares traded.

2. Trader N, $4,314 on 214k shares traded.
3. Trader 9*, $3,748 on 1,800 shares traded.
4. Trader P, $1,781 on 288k shares traded.
5. Trader 6*, $1,643 on 0 shares traded.

NOTE: Tis the season for my annual Best Stock Market Blog post. If you're currently not on my blogroll and wish to be included, please email me and my "Best Stock Market Blog Post Committee" (BSMBPS) will review your submission. Thank you.

16 comments:

Attitude Trader said...

Oh, BSMBP time again...I'm getting goose-pimply all over!

Can't wait to see what kind of crap I can come up with this year to submit to the committee. I hope I wrote something decent...let me look through my posts here...uh, no, not that one...oh here, uh no, not that one either...um, I'll have to get back with you...

-AT

little2rich4u said...
This comment has been removed by the author.
little2rich4u said...

I HAVE THE BEST STOCK MARKET BLOG.

http://little2rich4u.blogspot.com/

MY PICKS KICK ASS AND IT IS BETTER THAN ALL THE BORING CRAP OUT THERE. I WILL LINK YOU IF YOU LINK ME BECAUSE THAT'S HOW I ROLL. BUT YOUR BLOG IS PRETTY BORING WITH NO PICKS.

Dinosaur Trader said...

Hmmm, yeah, you're right, my blog is boring.

Yours totally kicks ass.

I'll get back to you.

-DT

little2rich4u said...

Well you asked for the best. Don't hate on me cause you don't like the answer.

Attitude Trader said...

Shame on you DT!

You should know better than to ask for that.

-AT

little2rich4u said...

My blog has been up for a few days and is getting more visitors than most. KEEP HATING HATERS.

little2rich4u said...

My picks of the day are 5-0. READ THE ARCHIVES. I AM WICKED GOOD.

Stewie said...

i vote DT's blog as the best blog. no joke. I love it!

Dinosaur Trader said...

Awww, shucks Stewie...

And little2rich, who's hating? We're laughing!

-DT

little2rich4u said...

Keep laughing, I keep winning. Share some picks so we'll see what you're all about. THE FACT YOU DON'T SPEAKS VOLUMES. You know my blog is superior to yours that's why you can't annoint it best BLOG because everyone of your visitors including your office buddies will be running to my site and getting my picks thus bypassing your dinosaur site alltogether.

5holeSAVE said...

lil 2 sounds a lil like Timmmmay's retarded bastard love child... no offense to Tim...
DT it's really between you and TG, she's got proto-porniness, and you've got superior music and cynicism... hint hint... Porn Thursday? For real this time?
PS Best doesn't need to include picks either lil bastard...

little2rich4u said...

@5holeSave

WHAT ABOUT ENTERTAINMENT? I provide more entertainement THAN all the other blogs combined. COuple that with the BEST PICKS. Picks of the day are now 6-0. ANY YOU GOT THE FULL PACKAGE.

I am a superior being.

Pete said...

little2rich4u = cheap fly knockoff

little2rich4u said...

PETE = unfortunate hater

My picks are better than the Fly. You'll come around soon enough if you are smart, otherwise you'll rot away in your poor pittance of a life.

Dinosaur Trader said...

Pete,

Very insulting to "the Fly" there...

-DT