Tuesday, December 2, 2008
The RO Report, "Solid Rebound" Edition
Man today's rally made me feel good. Sure, we got back less than half what we lost yesterday, but the fact that we rallied, tested "unched," and then had the power to go to new highs speaks of a new-found confidence exhibited by the bulls.
Also, volume was impressive, beating yesterday's total.
I'm a little busy tonight, so let's just get to the numbers...
Out of 24 traders today, 19 finished gross positive, or 79%. 12 traders made over $1,000 gross while 2 traders lost over $1,000 gross. Good numbers. The Bosses came roaring back today. I was #9 of 24, happy enough, but feeling as if I need to step up my game.
"Lucky Pierre" - Trader Z, $30,856 on 456k shares traded.
2. Trader A, $29,259 on 381k shares traded.
3. Trader D, $22,117 on 207k shares traded.
4. Trader C, $17,627 on 251k shares traded.
5. Trader P, $17,173 on 349k shares traded.
"Chambermaid" - Trader E, -$5,479 on 68,800 shares traded.
2. Trader J, -$1,747 on 70,800 shares traded.
3. Trader 3, -$575 on 10,000 shares traded.
4. Trader H*, -$520 on 2,100 shares traded.
5. Trader N, -$102 on 1,800 shares traded.
Here is today's "heatmap."
Melamine In Baby Formula
BUMP: More is coming to light about the awful situation in China. So again, FDA, why allow ANY melamine in baby formula? This shit isn't supposed to happen here.
How about 0 parts?
I don't know a thing about baby formula or melamine (other than it kills babies or makes them sick if they get too much) but why is it acceptable to have any in baby formula?
Probably another case of industry lobbying for loose standards. But should profitability stand above the health of babies?
Anyway, here's the article about the FDA setting limits... kind of.
They're not worthy of your trust. Eat healthy and breastfeed.
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