Saturday, May 26, 2007

Al Gore Please Run For President



He addresses two of my biggest concerns: the environment and the propaganda machine we call "the media".

Friday, May 25, 2007

Virtual Office, Memorial Day Edition, $784

Misstrade, $1144 on 3400 shares traded.
EvolutionTrader, $196 on 15,400 shares traded.
One Bad-Ass Trader, -$3 on 2400 shares traded.
Denarii, -$152 on 400 shares traded.
Me, -$401 on 14,000 shares traded.
Dehtrader, -$509 on 10,000 shares traded.

Well, it wasn't as slow as I thought it would be, but it was a Friday before Memorial Day nonetheless. So, even if it isn't that slow, you think it's gonna be slow so you take the foot off the gas pedal a bit.

Anyway, everyone enjoy the long weekend. If you're going out to the Hamptons, be respectful and drive safely.

Stop Putting Shit On Us

A long weekend calls for a couple of long videos. This one is pretty funny.

The Democrats Suck Too

Depressing going into the weekend like this but it can't be denied. Our country is without leadership.

Hopefully, sometime within the next 18 months a leader will emerge (perfect time a third party candidate to step up) otherwise it's gonna be hard to find someone to vote for.



I think Olbermann should tone it down a bit, but I agree with all of his points.

Thursday, May 24, 2007

The Band, "The Weight"

Thanks for all the encouragement everyone!

Back To Green For The Long Weekend

Well, it's been a bumpy ride but here I am with one day left in the month and I managed to bring my account into the green for the first time since the end of February.

I'm up $200 for the month after I clear my losses for March and April.

I'm pretty damn happy about it.

I had a few good winners today, mainly in AG, AMG and CROX. Here are my trades in AG.



9:45:31 Short 2000 @ 41.13 (-2000)
9:49:47 Buy 500 @ 41.18 (-1500)
9:49:52 Buy 500 @ 41.19 (-1000)
9:50:02 Buy 500 @ 41.29 (-500)
9:51:03 Buy 200 @ 41.26 (-300)
9:58:30 Short 300 @ 41.25 (-600)
10:00:24 Buy 300 @ 41.25 (-300)
10:00:26 Buy 300 @ 41.25 (flat)
10:36:45 Short 1500 @ 41.38 (-1500)
10:42:07 Short 500 @ 41.40 (-2000)
10:59:30 Buy 500 @ 40.96 (-1500)
11:09:16 Short 200 @ 41.21 (-1700)
11:16:34 Short 300 @ 41.02 (-2000)
11:22:49 Buy 500 @ 40.97 (-1500)
11:30:25 Buy 500 @ 40.60 (-1000)
11:30:56 Buy 200 @ 40.68 (-800)
11:42:43 Short 400 @ 40.71 (-1200)
12:28:39 Buy 200 @ 40.45 (-1000)
12:35:06 Buy 200 @ 40.35 (-800)
12:46:39 Buy 300 @ 40.35 (-500)
12:48:32 Buy 200 @ 40.59 (-300)
12:50:23 Short 100 @ 40.46 (-400)
13:16:46 Buy 300 @ 40.52 (-100)
13:24:38 Short 100 @ 40.51 (-200)
14:13:25 Short 200 @ 40.51 (-400)
14:44:34 Buy 300 @ 40.51 (-100)
15:15:23 Buy 100 @ 40.53 (flat)

These trades net me $1425, my first good winner in some time.

I also net over $500 in AMG and CROX (both on the short side) and had no substantial losers.

Anyway, looking forward to taking a half day tomorrow. However, I held CROX and AMG short overnight... hopefully I won't get burned on those positions. Either way, I'm setting a max loss limit for myself of $200 tomorrow so that I can go into June with a clean slate.

Here's the stats:

P&L, $3766
Best, AG $1425
Worst, UBB -$87

shares traded, 30,000
stocks traded, 16, 9 positive, 7 negative
total trades, 155

Virtual Office, $7633. Dow, -84.52, 13441.13.

Misstrade, $4324 on 9200 shares traded.
Me, $3732 on 30,000 shares traded.
Dehtrader, $433 on 14,300 shares traded.
One Bad-Ass Trader, $217 on 3200 shares traded.
EvolutionTrader, -$1073 on 90,400 shares traded.

For a week that is typically slow, there was a lot of volatility in the market today and that is reflected in the VO numbers.

Misstrade pulled off his normal perfectly executed trades while I had a couple of my own for a change. OBAT had a very efficient day. ET made a lot of money for his firm today... I haven't checked yet, but I bet his gross was close to flat. Trading volume like that should get you a commission cut soon, ET.

Anyway, don't forget to check Misstrade's new video chart analysis.

Looking forward to a nice easy half day tomorrow.

Which Country Should We Invade Next?

I say the UK... their "reporters" are smartasses!

Misstrade Video Analysis

Hey, I urge you all to go check out Misstrade's new feature. He talks his way through graphs and trades offering his opinion on entries and exits.

Very easy to understand and very informative for both Dinosaur traders and newbies.

Wednesday, May 23, 2007

Boards Of Canada, "Dayvan Cowboy"

Amazing footage of a guy Joe Kittinger jumping out of a weather balloon from 19.5 miles up in the atmosphere.



Anyway, we have friends coming over for dinner tonight. So my normal daily post will be pushed back until later this evening.

Virtual Office, $3054. Dow -14.30, 13525.65.

Misstrade, $3137 on 6800 shares traded.
EvolutionTrader, $91 on 57,200 shares traded.
Me, -$49 on 56,800 shares traded.
One Bad-Ass Trader, -$122 on 25,800 shares traded.
Dehtrader, -$125 on 18,500 shares traded.

Are those crickets chirping?

Obviously, a slow day in the VO. People gearing up for the big weekend.

While Mr. Greenspan did his best to add some volatility to the market, it was still a pretty sleepy day.

Looking forward to next week when we have some data again.

Kind Of Like The Market

Trading in the morning was good, but since then it's been a game of giveback.

Tuesday, May 22, 2007

Pixies, "Where Is My Mind?"

First We Cry, Now We Laugh

This is great.

Sigh

Some background.

I started this blog in March after I took the worst 2 day smoking of my 8 year trading career. At that point, I was nearly through my capital. I battled back in March and ended the month down only a few hundred dollars, capital intact. It was the first month that I had ever lost money.

In April I don't recall having any big bomb days, but I lost again, my second down month in a row. So my loss was a little over $1000.

May has been a bit of a rollercoaster. There were times when I felt confident again and thought momentum was building. I had a couple of good days. But I've had a few recent bombs as well. Therefore I am in the red and close to halfway through my capital. The end of the month is near. We're in a holiday week, I just don't feel any big gains coming my way anytime soon.

If in March I was at some type of crossroads I'm not sure where I am right now... ever seen footage of the polar bears swimming around looking for some ice to hold onto? It's like that right now. I'm simply at a loss.

I'm not sure how much longer I can continue to munch at my savings account. I had some good years and saved good money but that was before I had a kid and felt this sudden surge of responsibility hit me. Every day I lose I kind of feel like she loses too. Continuing this slide feels irresponsible to me. I feel that soon I may have to swallow some pride and go sit in a gray cubicle somewhere pretending to be busy again for a steady paycheck.

Damn this is a depressing post. Well, fuck it, I'm depressed.

The silver lining is that my longer term account made some money today. The Fly's stock, MVIS took off a bit and another of mine, KOG, rose as well.

I'm considering taking off the rest of the week. You can't trade when you have no confidence.


Here's the stats:

P&L, -$1452
Best, DSL $53
Worst, FWLT, -$466

shares traded, 21,200
stocks traded, 13, 1 positive, 12 negative (that's so bad it's almost funny...)
total trades, 110

Virtual Office, $3012. Dow, -2.93, 13539.95.

Misstrade, $3830 on 10,400 shares traded.
Dehtrader, $815 on 19,200 shares traded.
One Bad-Ass Trader, $66 on 11,200 shares traded.
EvolutionTrader, -$247 on 57,800 shares traded.
Me, -$1452 on 21,200 shares traded.

Not a bad day for the VO, but a bad day for Dinosaurs.

Misstrade and Dehtrader lead the pack today. Congrats to MT on a nice bounce back day.

I could do no right today. I have no quick summary of the day's action because frankly, I have no idea what's going on anymore. This blog may be morphing into a discussion of employment opportunities for washed up stock traders soon... stay tuned.

Wallstrip Bought By CBS

Congratulations to Lindsay and Howard!

Dan Deacon, "Drinking Out Of Cups"

You know those Geico commercials with the gecko? Well, apparently this lizard was the runner up. It's been hard for him to watch the gecko become world famous. He's understandably bitter... this is hilarious.



Anyway, you can find more from Dan Deacon over on the forkcast. Enjoy!

Monday, May 21, 2007

Al Gore On Good Morning America

Doesn't Diane Sawyer realize that she proves his point with every idiotic question she asked him?

How much do you weigh, she asks him? I don't know, how much do you THINK, Mrs. Sawyer?

If we had a real media our country wouldn't be in the mess it's in.

Ted Leo & The Pharmacists, "Where Have All The Rude Boys Gone?"