Monday, February 2, 2009

The RO Report, "RIP RO" Edition

I'm going surfing. Everyone is dead.

UPDATE: I honestly can't recall the last time I saw such a bloodbath. Now, we didn't have any one trader losing enormous size today... instead, it was like, decent losses across the board.

Widespread death. An epidemic of idiocy. The Great Depression has found its way to the RO.

It's late and I need to go eat dinner. I can't even offer much color other than the red. In fact, to mark this occasion... I'm changing the colors of this blog until the RO is no longer gay... and the song this evening will be purely horrid.

Out of 29 traders today, 3 were gross positive, or 10%. I think that's the lowest number ever. Also a sure record is the fact that NOT ONE trader made over $1,000 gross today while, get this, 19 LOST OVER $1,000 gross. Jawbreaker, perhaps this is the end afterall... I was #17 of 29. Smoked.

(One note of congrats to Trader $ and Trader X, both found their way to the RO through this blog and both avoided death...)

"Chambermaid" - Trader L, -$8,780 on 33,800 shares traded.

2. Trader F, -$8,351 on 37,200 shares traded.
3. Trader C, -$6,894 on 120k shares traded.
4. Trader V, -$6,390 on 69,800 shares traded.
5. Trader B, -$6,220 on 263k shares traded.

"Lucky Pierre" - Trader T, $668 on 6,100 shares traded.

2. Trader $, $136 on 11,400 shares traded.
3. Trader X, $129 on 7,800 shares traded.
4. Trader 9*, -$137 on 1,900 shares traded.
5. Trader 8, -$325 on 16,600 shares traded.


Richard said...

I'm sure you'll all make the money back soon enough. The RO has been rocking, and I get a sense that its style lends itself to a bad day every now and then. Just part of the game.

Anonymous said...

Rather strange to see the RO smoked on such a boring day in the market.

Anonymous said...


Dinosaur Trader said...

@Richard, no... this time it's for real. Over. Guys actually died. In a fit of anguish, Trader L apparently drank himself to death.

@ AnonI think the RO killed itself in part because it was such a boring day... probably overtrading and pushing too hard to make something of nothing.

As for KCI, I'm not sure... if it was a stock that died and never bounced (I didn't watch it, I'm just guessing) that may be why F got fried.