Wednesday, August 6, 2008

Aerosmith, "Dude (Looks Like A Lady)"

Please don't even try to argue that it's good.

The RO Report

I tell you one thing... I'm gonna get more sleep tonight. I woke up late and didn't have a clear plan in my head for the day.

So I had to watch the RO rake in money, while I dabbled around "unched." Very frustrating. Out of 26 traders today, 19 were gross positive, or 73%. I was number 19 of 26. So I was gross positive, net negative... which means, shitty music.

Volume dropped off today, and it can't be long before the volume just completely dries up for the end of August.

Still, as you'll see below, sometimes volume doesn't matter if you're in the right spots.

Since there were 26 traders today... I've decided to just letter them, A through Z, top to bottom, so that a bit of a story develops here in the RO. So today, A,B,C will be the top 3 and Z,Y,X will be the bottom. However, from here on out, these labels are static, and so one day, Trader Z could be the #1 trader on the day... I hope this makes sense. I think it will by the end of the week.

For the record, I'm "Trader S." Given the huge numbers at the top and bottom of the range, I doubt you'll see me anytime too soon.

The top 3:

1. Trader A, $18,586 on 446k shares traded.
2. Trader B, $18,443 on 896k shares traded.
3. Trader C, $9,493 on 168k shares traded.

And the bottom:

1. Trader Z, -$835 on 187k shares traded.
2. Trader Y, -$635 on 2k shares traded.
3. Trader X, -$459 on 29k shares traded.