Thursday, January 27, 2005

1/27/2005

Down day today. The market probably consolidating a bit from the last two day's runup. Msft had decent earnings today , so maybe an up day. But, who knows the Iraq election is this weekend and Jan. looks like a negative month for the dow and nasdaq.

Trade: sold hott for +1/share
new sold short ccmp
Watch: sndk ( will try a short on this, very high on the price and earnings was ok), mstr(will just watch, had fantastic earnings), maintain a watch on the rest of my positions ( especially ccmp, had negative earnings but continue to go up, will add to my short positions, I believe a few shorts cover thus for the runup)
Current Positions: insp +2.6/share
ccmp -.50/share
aapl +10/share
cree -11/share
plmo -3.55/share

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