Tuesday, January 8, 2008

Clinton Wins New Hampshire Primary

But if you compared her speech to Obama's, he kicked ass. Hopefully, it will be youtubed by tomorrow and I'll post it.

I still say she's done.

Pissed Jeans, "I Still Got You, Ice Cream"

Patience Little Grasshopper

I need more patience.

I was in a few trades that would have worked in my favor but I got out for either small gains or small losses instead.

I'm not familiar enough with my new software to figure out how to see my P&L totals and shares traded for each stock. So I'm not going to write a detailed post tonight.

I'm a little tired from waking up so early too. Hopefully by the end of the week I'm a little more "in tune" with my software, the market and my schedule.

Meanwhile, I'll be actively watching the New Hampshire primary coverage tonight.

P&L, $18
15,800 shares traded.

Virtual Office, -$1633. Dow, -238.42, 12,589.07.

Retard, $452 on 4 contracts traded.
$374 on 5400 shares traded.
Evolution, $239 on 24,400 shares traded.
Wincity, $51 on 300 shares traded.
Denarii, $20 on 1600 shares traded.
Me, $18 on 15,800 shares traded.
Misstrade, -$2787 on 6000 shares traded.

Sellers are control freaks.

There was carnage everywhere, but the biggest story has to be CFC. The nation's largest mortgage originator rumored to be going bankrupt. That'll have a few repercussions...

Volume on the NYSE was strong as we traded over 1.8 billion shares. Also, it should be noted that volume was running light in the morning when the market was flat to up... it really kicked in when the selling began.

Still, with that said, after 8 straight down days in the Nasdaq (the record is 14) you'd expect some type of "relief rally" soon. But with sentiment so negative, I kind of think a better name would be "suckers rally."

And no one wants to be the first sucker... so this could take awhile.

NOTE: I'm still trading on a simulated account.


With the NH primary today, I had to do at least one political post. I can't wait to watch the coverage this evening.

What's Fox going to do if Obama is the democratic nominee?

Tasr... The New iPod?

You may think this is funny but it's not. It's creepy. Okay, it's a little funny.

Good Morning

Time: 6:35
Mood: Dark