Damir's Trading Journal

i find CNBS is far more descriptive.

 

I should have known it was intentional. ROFL!

 

You are missing the gist. It has to do with the IBM call, Not cnbc or cnn or bloomberg.

 

The next big call has to be microsoft, then we will really run. But it might be too early.

 

you're missing the gist. there are lots of "news" driven boards, this is not one of them. i go out of my way to avoid hearing this upgrade and that upgrade and this analyst said blah and that analyst said yada. i'd like to keep it this place a sanctuary from all that stuff.

covered 1/4 YM @ 9514, +16, on no news whatsoever.

 

covered a 1/3 @ 20

 

Correct me if I am wrong or if any of you guys recall the post Labor Day call by Dan Niles in Sept, 2000. If you remember, Niles downgraded INTC pre-market the Tuesday morning after Labor Day and the market immediately turned. It was a similar structure to this years market going into Labor Day, however the outcome turned out to be very different. But either way it's always interesting to study the timing of their major "calls".

 

all covered @ 20... not the best way to start the month ... lol

 

My spread trade is not gonna look too healthy in the morning either.... but tomorrow is indeed another day

 

A suggestion: It seems you have been using a range-bound method. Perhaps it is time to change this?