Monday, March 30, 2009

The RO Report, "Bears Are Lame" Edition

No volume behind today's move... you'd think after such a massive run that once the market broke a bit the bears would be out in force.

Instead it felt more like a buyer's strike.

Face it, the price and volume action on this recent rally has been absolutely perfect. If you're bearish, fine, but so far I'm not convinced.

I caught some excellent waves post close. Not that you care.

Anyway, the RO got a bit ass-slammed today. Out of 33 traders today 13 were gross positive or 39%. 3 traders made over $1,000 gross and 7 lost over $1,000 gross. I was #8 of 33. I'll take that anyday.

Note the rare George Michael. When a trader's swing and daytrading account are the bottom two accounts for the day...

"George Michael" - Trader H*, -$11,924 on 17,300 shares traded.

2. Trader B, -$7,545 on 1.3 million shares traded.
3. Trader P, -$7,186 on 458k shares traded.
4. Trader D, -$6,848 on 214k shares traded.
5. Trader &, -$3,912 on 50,000 shares traded.

"Lucky Pierre" - Trader A, $26,641 on 284k shares traded.

2. Trader F, $5,307 on 142k shares traded.
3. Trader C, $5,283 on 680k shares traded.
4. Trader K, $906 on 29,800 shares traded.
5. Trader V, $890 on 52,964 shares traded.


Superman said...

Hi Dt

are there some article about RO report Traders?

Thank you

good trading

Justin said...

Good to have ya back DT. Nice George Micheal today B.


Complacent Panda said...

Trader A kicked some major ass.