1:10PM Dull, boring, and agonizing are a few words that come to mind when trying to describe the middle part of the day â but you probably already knew that. They tell me that the smart thing to do at times like this is to just walk away â but what if the sucker starts to move? So you ( I ) sit here like a moron waiting, and waiting, and waiting some more.
Ahh, the exciting world of day trading!
Looking at the charts you wonder: Who the hell is trading this slop? Obviously someone is, but what do they see that I donât?
Overall volume is pathetic, but a glance at T&S shows plenty of 20, 30, even 50 lot trades! I donât know, I clearly just donât know.
(Thereâs something wrong in a world where that Alphie character replaces Archangel in the frequent posters list â donât ya think? Give him another week or so, and Don Brightâs top spot will be history.)
2:05PM Lunch is over, maybe something will happen now? Jesus, why donât they just start buying, or selling â something, anything! (In my heart I know that they are all waiting for me to jump in, so that everyone else can go the other way! The dastardly bastards! But Iâm not going to fall for their little ploy.)
God, you want to talk about woulda-coulda-shouldaâs? Back in â89 or â90 I bought the big S&P at around 400-something. I took 3 points out of it â heh, I thought that I was hot stuff! If only I had held on to it. Damn, Iâm always selling too soon.
I donât know. Days like today, you have too much time on your hands â too much time to think.(Damn-it â it was $500 a point back then.)
I wonder if I can get Pork Belly quotes on this system? Could be something happening there. (Just my frickinâ luck. You canât trade Bellies on IB. Nothing is going right today.)
I read somewhere that you could flip a coin â heads, go long â tails, go short. It said that you could make money with it, if you managed the trade right. (Damn! All Iâve got on me is a Five and three Ones! Like I said, nothing is going my way today.)
2:58 Sld @877 1/4 Is this the real thing? Is this the big move down?
No, but I escaped with ½ a point.
Well, I need to go lay down after that trade â I can only take so much excitement â ya know what I mean?
For the dayâ
2 RT / +3/4 Points.
(my heart is still pounding!)