Monday, August 11, 2008
It was a pretty rough day for the RO today. Most traders were deep in the red until the end of the day. I find this market strange in that it seems to be easier to make money at the end of the day, than at the beginning.
Anyway, I don't have much color since I only traded a half day...
Out of 23 traders, 12 were positive, or 52%. I was #8 of 24. Note "Trader #1," who wasn't in the office the day I made the alphabet list. In the future, if there are new members that didn't make the original list, they'll be assigned numbers.
Here are the top 3:
1. Trader H $7,880 on 15k shares traded.
2. Trader D $4,137 on 452k shares traded.
3. Trader B $2,532 on 514k shares traded.
And the bottom:
1. Trader A -$17,478 on 46k shares traded.
2. Trader Z -$8,929 on 78k shares traded.
3. Trader #1 -$2,478 on 75k shares traded.
2 potential hurricanes are forming in the lower Atlantic. While that news is bad, what makes it much worse is the presence of a gargantuan shark, following just behind the storm systems. Note the large, menacing fin.
Should these systems continue westward, they could confront and damage some of the oil rigs that reside in the Gulf Of Mexico. My theory (non-scientific) is that after injuring the rigs, the great oil shark will come and eat them, thereby sending the price of Natty Gas and Oil through the roof.