Seel Fresh, "NickelPimp"

The RO wants desperately to see this blog die... you can tell by the music they post. However, this song is really, really funny. Nice pick, Trader B.

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?

IN YOUR FACE, CNBC!

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!

REMINDER: GO VOTE FOR JON SWIFT. IT'S EASY... NO LOGIN, JUST CLICK AND VOTE.

Thank You. It's Good To Be Back.

I wanted to thank all of my readers who took the time to Digg the BSMBP. I also want to extend a special thank you to Trader X and Complacent Panda who both went the extra mile to help me spread the post.

Meanwhile, if you haven't Digged it yet... ahem... ahem...

As it turns out, it was my most widely read post to date.

Now, in case you missed the history involved with the BSMBP, I stole the idea for it last year from another corner of the blogosphere, the funny part. Over there, in the funny part of the blogosphere, my friend and "inspiration" Jon Swift, is a finalist for the Weblog Best Humor Blog of 2008.

I know how nice it is to receive a helping hand on the Internets, so now I ask you to go and vote for Mr. Swift. You may vote once a day until January 12th.

If you are unfamiliar with his fine blog, it's decidedly "first-tier" stuff. Check out his "best of" and then go and vote. Blogging can be a rather thankless task, and it's nice to receive some positive feedback, be it in the form of Diggs, comments, or a shiny Weblog award.

Meanwhile, it's good to be back. It was a nice week off. I have some changes in mind for this blog which I will detail in a post tomorrow.

Stock Market Story

As promised, I'm going to make a real effort to write one history post per week in 2009. I will publish one each Wednesday.

Here is the tease for this Wednesday's upcoming post.

6:00am. The World Trade Center.

You exit the subway, walk over to Broadway and make the left onto Wall Street at Trinity church, noting the labyrinth and graveyard where eventually, you'll spend some time.

You pass the NYSE and across from it, the old Federal Reserve building with the heroic statue of George Washington. It begins to rain and you're hungry. You enter the atrium of the JP Morgan building which stands further down Wall Street, to seek shelter.

This is where you'll spend every morning for the next couple of years.