Trade Activity for 7/26/11

I was listening to Day Trading Radio this morning and caught a piece of his analysis of Diana Shipping (DSX), which I have watched in the past along with other shippers such as Dry Ships (DRYS). I decided to see if I could pull a profit on just a 100 shares. I'm in at $9.84

Christmas Sell-Off?

I think the market will be down at the end of this week. The factors that play into my thought process are year end taxable events, market still recovering from only a 0.25 rate cut, and people closing out positions to lock in year-end gains for themselves and/or stakeholders. There are a few sectors, which I think will be weaker in the near future, so I will keep an eye out for some weakness on Diana Shipping (DSX) and Dryships INC (DRYS). I will also look to short or pick up some puts on Transdigm Group (TDG).