Monday, January 5, 2009

The RO Report, "Fuck NAV" Edition

Not sure how many of you wasted your days shorting NAV today, but if a couple of you are out there, you'll appreciate the post title.

I pretty much gave my day to that godforsaken stock...

Anyway, enough about me and my inability to notice that a stock I'm shorting has earnings news... for all my anticipation about "getting back to trading" today, the market was... well... kinda lame. I mean, volume didn't really pour back in or anything, we just kind of fucked around.

We went down a little, then retraced a little, then did nothing much for hours, then popped higher, and then dropped, only to bounce a little in the end. How's that for analysis?


Look, I'm not going to lie to you, I'm in an awful mood. I had food poisoning Sunday night and I'm still recovering.

Let me ask you this... have you ever thrown up so forcefully that you had a bean lodged in your nose? See, because I hadn't either... but Judy didn't really see fit to give me any sympathy despite the fact that at 2am, I had a fucking BEAN LODGED IN MY NOSE. And frankly, I'm still a little sore about it.

So let's get right to the numbers, and start welcoming 2009 again tomorrow because so far, for me, 2009 has been like, really, really mean.

Out of 28 traders today, 21 were gross positive, or 75%. 7 made over $1,000 gross and 5 lost over $1,000 gross. I was #15 of 28, or, trading like I had a BEAN LODGED IN MY NOSE.

Oh, and for the first time today, a "Double Dong" occurred. This means that the top two traders on the day were the same guy, his daytrading account and his swing account. Not bad.

"Double Dong" - Trader B, $13,072 on 394k shares.
Trader H*, $7,345 on 8,400 shares traded.

3. Trader 10*, $4,983 on 600 shares traded.
4. Trader C, $2,355 on 51,544 shares traded.
5. Trader 6*, $1,609 on 1,600 shares traded.

"Chambermaid" - Trader N, -$16,663 on 140k shares traded.

2. Trader F, -$7,345 on 79,300 shares traded.
3. Trader L, -$1,986 on 47,900 shares traded.
4. Trader D, -$1,358 on 189k shares traded.
5. Trader M*, -$1,075 on 0 shares traded.

Oh, and here's the "heatmap." And, how about a little technical analysis?

UPDATE: Up at 123 Diggs on the BSMBP! Thanks!



OONR7 said...

"bean lodged in my nose"... that is insanely funny. Although I once puked and a long spaghetti came out of my nose.

Dinosaur Trader said...

No, you see, that's the thing... it wasn't funny... it really, really hurt.

2009 sucks, man! No one understands me in 2009!


ainkurn said...

I never had a bean lodged in my nose from projectile vomiting, but I did once have a chunck of pickle lodged in my nose. I totally agree... not a funny experience at all.

Dinosaur Trader said...

Okay, thank you for sharing that... now please explain how and why you got a pickle in your nose.