"Wake up and smell the catfood in your bank account."
Meanwhile... RIP, iBC.
Friday, June 20, 2008
Timmay, $175 on 3000 shares traded.
Me, $16 on 4000 shares traded.
Denarii, -$79 on 6400 shares traded.
OBAT, -$126 on 3400 shares traded.
Tokyo, -$187 on 3019 shares traded.
The VO traded like a bunch women today. No volume, no risk taken, and no profits to show for it. Who needs Equine? Face it... we're a bunch of girls.
Not so for my RO. The midday data broke down like this... leader was up $10,175 and the laggard was down $2291. Remember, those numbers are gross. To make that kind of money, you have to trade a few hundred thousand shares typically, so commissions eat some of that up. I was #12 of 23 traders today...
Anyway, it was a somewhat eventful week for the market as we finally busted through 12k on the Dow. Volume today was ridiculous because of all the expirations. We traded over 2 billion. Expect more of the same next week, with the Russell Rebalancing.
I can't wait to get this exam out of the way so I can focus on trading again. See you Monday.