Normally, I wouldn't post such a gay video. I mean, shots of multi-ethnic types smiling capped off by a sing along with kids? Holy fucking shit man, can we make this any more hackneyed? But the thing is, as a surfer and a concerned citizen, it directly addresses a topic near and dear to my heart, plastic in the oceans. It's a fucking mess. Anyway, fans of Jack Johnson might also like the song...
I'm still long in my swing account, but I decided to buy a little SRS today, a small amount, to hedge. I think there is something seriously funny, not in a "ha-ha" kind of way, about the IYR. Anyway, I'll quickly cover if that piece of shit SRS trades below $30. I mean, all you have to do is take a look at FAZ to understand why you can't get all close and personal with these leveraged ETFs.
Anyway, still no software. I'm very frustrated by this. But you know what? Deal. I am told a solution is in the works.
"Lucky Pierre" - Trader D, $10k
2. Trader C, $8k
3. Trader H*, $5k
4. Trader 9*, $4k
5. Trader M*, $1,500
"Chambermaid" - Trader P, -$2,400
2. Trader N, -$2k
3. Trader V, -$1k
4. Trader &, -$1k
5. Trader B, -$1k
Just another fun stock market fact for you, beloved reader.
I have to say, the strength in the IYR is bewildering.
Dear Somali Pirates,
Fuck you, we win.
Sincerely,
-DT
-Somali Pirates, 2009
First of all, I want to address the lack of blogging around here lately. I've been struggling, but beyond that, just really in the dumps about it. This year has been a disaster for me... made money the first few weeks of January, lost it all with one bad week... then, made it all back and then some through February and March and now lost it all again with one bad week.
This is not the way you make money trading and I'm frankly a little mystified. That said, it's been very hard to find the energy to creatively blog. The good news for you, is that Trader A will be doing a guest post soon. As for me, I'm gonna continue to take it easy until I come back around.
Anyway, I called the report "Two Markets" edition because it truly seems there are two markets right now... the one Trader A is trading, and the one everyone else is trading. Kudos to him.
"Lucky Pierre" - Trader A, $88k
2. Trader F, $28k
3. Trader N, $25k
4. Trader H*, $19k
5. Trader 9*, $10k
"Chambermaid" - Trader B, -$20k
2. Trader 10*, -$5k
3. Trader J, -$1500
4. Trader S, -$1400
5. Trader 6*, -$600
More issues today. It's 10:27 as I write this and I have no feed. I called and they said "We're having connectivity issues. We have no E.T.A. Just watch that little red monitor and hope it turns green."
I think it's time to switch to DTNIQ...
Anyway, feel free to harass them at their corporate support #... it's 510-723-7377. Option 2. Then press "0" to leave them a nice message.
Apparently PNC doesn't believe in any God.
And we have no RO report... software still fucked up and no update from my gay confreres in the main office.
You know why? Cos they all smoked...
Hopefully everything back to normal next week.
Simply the worst.
They are in desperate need of more competition.
Just saying...
Seriously, who would have thought there were so many religious types out trading the market. I thought all market participants were atheists.
The volume blows, the action blows, I'm gonna have to start turning tricks to feed my family. I'll just go right out and say it, fuck the easter bunny and colored eggs.
Software is still fucked up. It's like back to 2007 for this damned blog.
I lost money again. More bad music to come.
"Lucky Pierre" - Trader B, $7k
2. Trader Z, $4k
3. Trader T, $1,500
4. Trader C, $1k
5. Trader V, $1k
"Chambermaid" - Trader A, -$5k
2. Trader H*, -$4k
3. Trader 9*, -$3k
4. Trader J, -$1k
5. Trader E, -$800
Gross title, right?
Anyway, I don't have too much of an opinion on George Soros. I'm guessing if I did a little research that I could easily find a few reasons to hate on him. Like, I'm sure his carbon footprint is fucking enormous.
Okay wait, I do have a legitimate reason to hate him. I just read that he thinks The Bottom will look like "an inverted square root sign."
Seriously dude, WTF? Lets just stick to letters of the alphabet. The square root, in my mind, has had a flawless reputation since the 5th or 6th grade. Why you want to drag it into the global economic meltdown is besides me.
Meanwhile, I just inverted a square root sign and to me, it looks like an uptrend. You're confusing me with this bullshit and your fake "whereever you come from (not America)" accent.
Anyway, here's the full article. He sounds really gloomy and depressed. It could be the economy doing that to him, but I think it's possible that it's his face too.
Man I'm in a vile mood.
This is just... I don't know. Pure punishment. My performance today was ghastly. I can't believe music like this exists... shoot me.
The software is still messed up... apologies until we get it fixed. We're in a depression for chrissakes, so just chill out and deal.
I got killed.
"Chambermaid" - Trader A, -$26k
2. Trader C, -12k
3. Trader Z, -$12k
4. Trader P, -$4k
5. Trader S, -$3k
"Lucky Pierre" - Trader F, $1,700
2. Trader B, $1500
3. Trader O, $1000
4. Trader H, $800
5. Trader L, $800
My friends over at HCPG have been updating their blog again by offering up some very good reading. Incidentally, in an attempt to grow their readership, they have been experimenting with "sexing" the place up, via an edgy advertising campaign. Through an inside source I am able to provide you all with a bit of a scoop regarding the direction they're heading.
Anyway, it will take some time, but read the following article in its entirety to get a very unbiased opinion on how our financial system got into its current mess and what we're going to have to do to get out of it.
Normally, I would wait until Friday to post this with my links. But since the article is longer than what I normally post, and since your reading comprehension skills have been hampered by surfing porn all day long in between making stock trades, I decided to post it by itself.
The RO software went awry, so I have this third-world type RO report for you. I'm not even going to dress it up.
"Lucky Pierre" - Trader A, $29k
2. Trader P, $17k
3. Trader N, $16k
4. Trader H*, $9k
5. Trader C, $9k
"Chambermaid" - Trader J, -$4k
2. Trader R, -$800
3. Trader 10*, -$600
4. Trader Y, -$228
5. Trader O, -$70
Have a good weekend.
I don't have much, okay I have nothing. I forgot to keep track of my links. But I did get the new Surfers Journal yesterday and I can't stop staring at the cover. I am obsessed.
Now, I'm gonna say that this girl is hot, but it's not in the way you're used to when checking out hot girls on the Internet.
I love this picture.
"If we'd known what it'd take to get here, would we have chosen to?"
I don't have too much to say tonight, cos my brain is fried. The last few days I've really stepped up my position sizes and I feel exhausted.
The RO kicked ass without me. But as long as I don't blow myself up first, I don't think I'm too far away from getting back into the mix with these bitches.
Anyway, out of 30 traders today, 26 were gross positive or 87%. 15 traders made over $1,000 gross with 6 traders making over $10,000 gross. 1 trader lost over $1,000 gross. I was #21 of 30, disappointing.
"Lucky Pierre" - Trader A, $50,278 on 1.1 million shares traded.
2. Trader B, $30,120 on 1.3 million shares traded.
3. Trader C, $21, 135 on 1.2 million shares traded.
4. Trader H*, $17,794 on 21,600 shares traded.
5. Trader P, $11,794 on 223k shares traded.
"Chambermaid" - Trader &, -$1,197 on 87,800 shares traded.
2. Trader M*, -$711 on 0 shares traded.
3. Trader 4*, -$472 on 0 shares traded.
4. Trader T, -$403 on 2,100 shares traded.
5. Trader Y, $28 on 15,800 shares traded.
I enjoyed imagining what the Anonymous haters made of the RO post yesterday.
Anyway, here's really what went down yesterday. It wasn't pretty.
Out of 30 traders, 18 were gross positive or 60%. 3 traders made over $1,000 gross and 6 lost over $1,000 gross. I was #3 of 30.
"Chambermaid" - Trader A, -$14,109 on 1.3 million shares traded.
2. Trader N, -$5,597 on 302k shares traded.
3. Trader J, -$4,298 on 81,600 shares traded.
4. Trader R, -$2,986 on 52,300 shares traded.
5. Trader C, -$2,748 on 950k shares traded.
"Lucky Pierre" - Trader P, $2,826 on 58,400 shares traded.
2. Trader 9*, $2,266 on 6,700 shares traded.
3. Trader S, $1,421 on 113k shares traded.
4. Trader M*, $803 on 0 shares traded.
5. Trader L, $726 on 12,800 shares traded.
