Damir's Trading Journal

Quote from taodr:

IMHO we are overdue for a 250 to 350 point correction. Todays figures might just hasten it.
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Most of the crowd have been going long all week hoping not to miss out on the "big move north", now, unsure if to hold over the weekend, a few bursts south should bring them out.

Still Short a monsterous amount of tech stocks here
 
I'm slowly unloading some techs but I believe they will peak more towards end of Sep. Still selling and will short later in month.
 
added another double @ 9462. i have to leave in about 5 minutes, sell orders @ 9483, 9507, 9520, 1/3 at each. barring some kind of miracle it's going to be a bloody long weekend, lol.
 
Quote from taodr:

Way to go Kap. What convinced you to pull trigger ?
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thanks,

I could see the faces full of hope, was expecting more of a burst through the low YM....if she was gonna blow I think she would have quicker.
 
Volvo announced yesterday that they are setting up a manufacturing plant in China. There will be a stampede of car co's to set up in China. Americans are due for a huge awakening. Their jobs and union jobs at that are fleeing their country. How long can we go up ?
 
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