Wednesday, February 27, 2008

Dinosaur Trader's Tupperware Party

Just like IBCs Platinum Party, only with Tupperware, poor people and a couple hundred thousand fewer hits.

Thanks to my first 100,000 visitors!

The Doves, "Firesuite"

No daily post tonight... I'll try and recap today's wins and losses in tomorrow's post.

Virtual Office, $937. SPX, -3.30, 1379.50.

Ducati, $1059 on 600 shares traded.
$791 on 20,600 shares traded.
Denarii, $119 on 2600 shares traded.
Wincity, $10 on 200 shares traded.
OBAT, -$82 on 15,600 shares traded.
Timmay, -$140 on 800 shares traded.
Dehtrader, -$179 on 10,410 shares traded.
Ainkurn, -$274 on 650 shares traded.
Me, -$367 on 35,000 shares traded.

The volume in the market really seems to have settled in to a norm. Every day it seems we're trading between 1.4 and 1.5 billion on the NYSE. In a way, I like the consistent volume. I wonder how long this will keep up.

As I posted earlier, the FRE and FNM news really spiked the market midday. Many traders in my office just cleaned up with those trades. Congrats to those who were able to take advantage of that volatility. And speaking of volatility, we got a bounce in the VIX today, up .82 to 22.72.

The VO had a crappy day, but no disasters, so no real problem. Update: Ducati did well...

Finally, everyone hates Gasparino as he's ruined trade in the last hour of the day. You can pretty much count on an irrational spike when he starts to talk. What a mess...

NOTE: Daily post will either be late or non-existent... I'm going out to dinner with the missus. We have a babysitter...

Backing Up Your Blog

Man, I was checking on Ainkurn earlier and I found out that Akalawoo's blog was hacked and all of his information was lost.


So listen, here's an easy free program you can use to back up your blog.

If you don't like that one, there are other options here.

Rip and Churn

Morning Link-Love

Good Morning

Time: 6:47
Mood: Even