Monday, December 8, 2008

The RO Report, "Solid Move" Edition

While I was expecting a run up to the 50dma in the Dow, I'll admit I wasn't expecting it to happen today. The 50dma was at 8,940. We hit that level in the first half of the day, pulled back, and then made an audacious stab at another important psychological level, Dow 9,000.

That's where the bears really took their stand at the end of the day throwing a 150 swoon into the Dow during the last 20 minutes of the day. I'd expect us to be a little sticky here.

In fact, a pullback to 8,700 or so would be great, if it came on low volume.

I don't watch the VIX much, but does anyone else find it suspicious that it only dropped a little today with all that upside on the indexes? Thoughts from any of you seasoned VIXers?

Anyway, the RO had a sweet day. To really make it special, Trader D "chambermaided" himself.

At one point today, it looked as if we might have our first 100% profitable day... for now, it'll have to stand as a nice goal. Out of 23 traders today, 20 finished gross positive, or 87%. 15 traders made over $1,000 gross while no trader lost over $1,000 gross. Nice. I was #9 of 23.

"Lucky Pierre" - Trader B, $30,684 on 501k shares traded.

2. Trader C,
$23,586 on 528k shares traded.
3. Trader 10*,
$13,689 on 8,700 shares traded.
4. Trader N,
$12,888 on 176k shares traded.
5. Trader A,
$10,757 on 105k shares traded.

"Chambermaid" - Trader D, -$959 on 446k shares traded.

2. Trader 3,
-$169 on 10,400 shares traded.
3. Trader U*,
-$31 on 0 shares traded.
4. Trader 11,
$5 on 12,600 shares traded.
5. Trader K,
$38 on 0 shares traded.

Here it is, your daily "heatmap."



5 comments:

D1 said...

please find some comical use for this. good day.

http://www.break.com/index/party-stunt-ends-terribly.html

Sanglucci said...

yeeeoooo DT was good man I can't get a THING going on the daytrade tip luckily my swings are doing well. I say the rally continues and I'm REALLY hoping for a huge bounce in the commodities that's where I placed my bets for the rest of the week... We'll see how shit moves man

Dinosaur Trader said...

Damn you, Danny. Apparently you didn't read my blog on November 12th.

And Sang, sorry to hear the intraday stuff has been rough. What are you doing/focusing on? As for your swings, I hope you have some good prices, because I think we've already had a nice rally. You gotta hope that dollar keeps tanking if you want those commods to work out.

-DT

bleurain said...

DT,
Where do you trade? Assent?

Dinosaur Trader said...

Indeed. Many poker players in our office, too.

-DT