1/19/2005

Wow what the heck did the market do this afternoon. The engine stalled and it finished hard in the last hour. Ebay disappoint, so better watch out tomorrow. It could be another rough ride. The sentiment seems negative coming into the earning season. I've noticed that companies better beat and guide higher for the stock to go up. Otherwise, the market will eat you up if you just meet expectation and guide flat! Besides the earnings, other factors such as oil and interest fever, this market is getting very nervous.

Trades: sold antp for 1.75/share gain
Watch : chkp (great earnings number, got pulled down by the market at the end 23.3 - 23.5 buy), yhoo (mediocre earnings, the market took it over 35-35.5 buy), snda ( do not know what is going on with this stock , but it is near my buy point of 30). Also will watch macr to see will it touch 28 , that will be my exit.