A diary of the thought process behind my investment decisions
Record Breaking Rally
The current rally has been record breaking as the Nasdaq 100 is up for 11 weeks in a row for the first time since 1999. As a mean reversion trader and investor I don't expect to catch the tail end of record breaking moves. Im just happy when I don't find myself on the wrong side of them. Luckily I have managed to stay very modestly net long but today made some moves to get me closer to neutral. I strongly feel we will see a correction this week. Have a good night.