Small consolidating session today, with light volume due to Columbus Day. But what the heck is going on with the Techs ( Goog, Rimm, Grmn, Isrg, Bidu, Appl) all of these are at or near their all time highs. I just don't know whom is buying these Techs, maybe the Chinese or sideline money coming into the new quarter. If that is the truth, why would they buy just days before earnings, wouldn't these Big boys be more risk averse and just save there capital till next week. Added to my short position in isrg today to average up to 247.16. I just don't like how this stock moved so quickly within 5 days of the Oppenheimer analyst's comment. Will wait and see if the MM will try to squeeze me. But, thank goodness vmw and rimm are able to stabilize my account.
Current positions/cost
Long vmw 84.50
rimm 96.50
Short isrg 247.16
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