3/31/2005

Not too much sellers today as I anticipated. Maybe they are waiting for the job numbers tomorrow. Actually there seems to be some buying activity then the actual index showing it being down. I bought more of bmet because of this subpoena scare is ridiculous so my new cost basis is 37.57. The rest of the days just watched my other positions bounce around. I'll watch rimm tomorrow to see how it moves in preparation of earnings on Tues.

Trades: short bmet
Watch: Current positions
Current unrealized g/l:
bmet -1.27/share
snda -.25/share
ttwo -1.20/share
aapl +0.90/share
apol -1.25/share
kosp -.10/share

3/30/2005

A bounce from the lows, but I think it was just a bounce, not forming any reversal here yet. What a great day, I dumped all my rimm for +.75/share, could have gotten more but this was a sell on the rumor deal. If this buyout rumor doesn't have any bases it will fall until next Tuesday's earning. Short kosp at 41.78, just could not believe this baby run up further in the late day, probably all the shorts covering. However, I short more if it moves further, this settlement doesn't justify this big move. Also, added more short to my apol, this stock pop because of the small upgrade and the market just pushed it higher. In ah my bmet, got a subpoena about their orthopedic agreements, but this is really not major news. Will buy more if it drops below 36.5. Will watch rimm and aapl to add as short for tomorrow.

Trades: sold rimm +.75/share, short kosp, add to short on apol
Watch: Current positions
Current unrealized g/l:
bmet +.11/share down in ah
snda +.15/share
ttwo -0.20/share
aapl -.20/share
apol -1.54/share
kosp -0.53/share

3/29/2005

Another up and everyone got scare at the end day sell off. Well I think we have some more selling before we go up, thus I'm remaining bearish till mid next week. Today I shorted apol at 71.35 ( met eps, but the revenue was on the lower side which I do not like). I will not cover until 69 or so, but will see. Wanted to buy more of rimm to add to my position for the earnings on next Tues the 5th, but will wait what this week brings. I also watched mstr got killed , with rumors about more financial exec. leaving the company. I will buy if it dips below 54. Will just watch my positions for tomorrow.

Trades: short apol at 71.35
Watch: Current positions
Current unrealized g/l:
bmet -.10/share
snda -1.30/share
ttwo -1.36/share
rimm -2.50/share
aapl +.85/share
apol +.18/share

3/28/2005

Well it started up and the sellers came in at the last hour. As we get into the end of the month it can get volatile like today, the struggle between the big funds window dressing and the hedgee trying to make a buck. But overall I think we will be trending lower. Today, I cover my erts early, it dropped all the way down to -2 but I dumped it at -1, a bit early, but the market was heading up and I just didn't think this stock will move any lower with the early strong market. There are not much activity in the after hours tonight. So for tomorrow, I'll just watch my current positions

Trades: cover erts +1/share
Watch: Current positions
Current unrealized g/l:
bmet -1.02/share
snda -.80/share
ttwo -.10/share
rimm -1.20/share
aapl +.07/share

3/24/2005

Another mixed market day, but this time oil was back up. This market is just not moving, which I think the big boys will manipulate it and push it down. As for today, I started watching matk and dri (both which moved very quickly for me to place any trades). Then my mstr was moving up with little volume, which gave me an opp. to get out, thus I dumped all my shares at 60.38 +.38/share. Somehow I had a feeling it will move lower because of the low volume, but I didn't initiate any shorts. I also dumped all my avct for a pity +.34/share, it was not doing anything and the volume has dry out. Double down on my rimm for a total cost of 75.70 now. Initiated short position on aapl at 42.57, which I think this baby is getting tired and will drop to the 41ish level. Initiated short on erts at 55.00, this stock twice test the 56.50 level but fall back in the late day. Also, there are rumors about sec investigations, anyway I will cover at 53 or 52. As for next week gdp and the big job numbers will dictate the market.

Trades: sold all of avct and mstr, short aapl and erts, bought more of rimm
Watch: Current positions
Current unrealized g/l:
bmet -1.06/share
snda -.03/share
ttwo -.15/share
rimm -1.20/share
aapl +.07/share
erts -.17/share

3/23/2005

A mixed day even though the oil futures was down over 2. I do not like how the dow and s&p500 are testing the late January lows. If it breaks it, we will be heading to the late October lows. Only time will tell, but I feel like the big boys will bring it down if there are no economic catalyst. Today I when long on rimm at 77.20, once again a bit too early. I have to be much more patient and watch for the stock to settle before jumping in. I thought it would bounce off the lows on last Wed. But I still don't think this baby will close the big gap due to the settlement. For tomorrow, I'll watch dri ( great earnings, will buy if it opens below 28). Also, matk
for a short, this baby jumped in the last 2 hours because of great trial numbers ( which I think is just exuberance on the traders part).


Trades: bought rimm
Watch: Current positions, matk, dri
Current unrealized g/l:
bmet -.90/share
mstr -1.60/share
snda -.25/share
ttwo -40/share
avct -.44/share
rimm -.70/share

3/22/2005

I thought today's action was just uncall for, everyone anticipated this raised and the ppi number was ok. The big boys are having a field day, well onto tomorrow's cpi. Today I cover my aapl, a bit early for a +.69/share, I was feeling a bit nervous because it just didn't follow the market's downward spiral, so I covered it. I bought more of bmet to bring my cost to 38.86. Tomorrow, since there are no big move in after hour I'll just watch my positions.

Trades: cover aapl +.69/share, bought more of bmet
Watch: Current positions
Current unrealized g/l:
bmet -.11/share
mstr -1.60/share
snda -.90/share
ttwo +.12/share
avct -.14/share

3/21/2005

sold drl for +2.5/share, started short positon on appl.

Trade: sold srl, initiate short on aapl
Watch:kbh, erts
Current unrealized g/l:
bmet +1.20/share
mstr -.60/share
snda -.65/share
ttwo +.82/share
avct -.38/share
aapl -.01/share

3/18/2005

I like the action of the market today, oil was up a bit, all the indices touch technical supports and bounce off it. Next week we have cpi, ppi, and the fomc announcements will move this market up or down. As for today , I daytraded sgtl for a measly +.15/share, that was pathetic, but the stock just didn't move. I initiated a position on drl at 21.00, there is a lot of volatility on this stock , but come on guys, down almost 45% in the last three days. Well my mstr finally went up and all the big boys are back in to play. I just watched rimm and aapl moved slowly up, but will continue to monitor it next week for a short position.

Trade: daytrade sgtl +.15/share, bought drl
Watch: rimm, plmo, drl, aapl
Current unrealized g/l:
bmet +1.08/share
mstr +.07/share
snda -.50/share
ttwo +.40/share
avct -.14/share
drl +.50/share

3/17/2005

Well the oil monster, has been scaring us for so long now we are just apathetic to it. To me that is a good sign, we didn't go further down or up we are in a stand still until next week. Today, I watched rimm , wanted to short it but it just ran up, will watch again tomorrow. My mstr is still being taken down, but somehow I don't think it is so bad that the auditor left, the fundamentals have not change, so I bought more at 58 to a cost basis of 60. I cover all my sgtl, it hit my target for a +3/share. I rebought ttwo, didn't know about the split deal, but bought it because it just wouldn't go down. This time I was patient and bought near the end of day at 40.21. Tomorrow I'll watch plmo( for a short and cover til $19.60), drl ( maybe a buy down about 31% in the last two days), and the usual suspect rimm and aapl.

Trade: cover sgtl +3/share, bought more of mstr, bought ttwo
Watch: rimm, plmo, drl, aapl
Current unrealized g/l:
bmet +.78/share
mstr -2.25/share
snda -.14/share
ttwo -.11/share
avct -.31/share

3/16/2005

Man this oil monster is growing bigger and bigger. It seems like we are starting to trend lower maybe for the rest of the week, with the triple witches coming on Friday. Today I sold all my snda early for a +0.50/share, it was moving higher but all the other Chinese stocks were down so I didn't want to hang around. But, I kept an eye on it as the other Chinese stock rally and snda kept falling I bought it again at 30.50 this time around. Also, bought mstr at 61.00, a bit early because it dropped lower and closed near 61. Their auditors didn't want to renew the contract doesn't mean something is going on. Maybe mstr's executives were hard to work with or the accountings were too complex and they didn't want the responsibilities anymore. I would only worry if pwc was not going to sign off on the audit this year!! Cover all mine ttwo for +0.60/share, this stock just doesn't want to sell off like his big brother erts. Tomorrow I'll watch rimm ( maybe for a short position, ran up pretty high already) and my current positions.

Trade: cover ttwo, sold and rebought snda, bought mstr
Watch: rimm
Current unrealized g/l:
bmet -0.20/share
mstr -.01/share
snda +.28/share
sgtl +2.25/share
avct -1.05/share

3/15/2005

The market is starting to trend down a bit, but the week is not over to tell the overall trend. I watched avct ran up today and started to short it, I once again shorted too early and had to initiate more position to a total cost of 26.34. I just think this is one of those dead cat bounce situation, but in hindsight this one might have some leg to go up to 28 or 29 before it will come down. Will get out if it comes to 26 or moves anymore over 28. Sol all my rimm, I believe tomorrow is the last day of the wireless conference and all the news are out.

Trade: sold all of rimm +6.40/share
Watch: current positions
Current unrealized g/l:
bmet +0.40/share
ttwo +.05/share
snda +.10/share
sgtl +1.50/share
avct -.90/share

3/14/2005

Mixed day at the market today, it only rally at the end due to dna's halt on some result on the colon cancer drug. But, basically the market needs something to get it started, it will probably be the retail sales, oil inventories, and the housing start numbers this week. I'll continue to watch my current positions and anything that pops out tomorrow.

Trade: none
Watch: current positions
Current unrealized g/l:
bmet +1.50/share
rimm +5.70/share
ttwo +.05/share
snda -.75/share
sgtl +1.40/share

3/11/2005

Market sold off alittle. Maybe it was the trade deficit, maybe intc had just a small higher guidance, maybe oil, whatever it was it needed a breather. Next week wouldn't be any easier, with retail sales on tuesday and housing starts number on wed. Also, the wireless conference mon- wed in new orlean. Today I covered all my ccmp for a loss of -1.10/share, it was not moving with the semi market, it was so resistance to the 32 market. Bought bmet at at 39.02, there were no news and it has been dropping for over a week, and the big boys were buying. Bought rimm , think the selling is over and should go back up after the wireless conference next week. Yesterday, shorted sgtl at 40.40, because it was near its high and no more momentum or catalyst to move higher. I will watch yhoo on monday, it didn't move down that much with the other online advertisers.

Trade: sold all of ccmp for loss, bought rimm and bmet
Watch: yhoo
Current unrealized g/l:
bmet +.40/share
rimm +.10/share
ttwo +.30/share
snda -.85/share
sgtl +2/share

no post today

no post today

3/10/2005

The oil monster is alive and well and today was the s&p and big board's turn to get hammer by it, while the naz also got hit. Cover my rimm, didn't want to, but it hit my stops, so a .25/share gain. Long snda at 32, it ran down further to 31 after that, didn't see any reason for the massive drop - the reason to buy. Will continue to buy if it falls to 30. Sold all my apple holdings because it broke my 39.70 point and was trending lower. It will probably bounce for a few points upward. I'll be watching osip ( maybe as a short, it is trending lower, downside risk is to 45), adrx ( good earnings, high will be 24.25 will see how it moves), cwtr( great earnings, down ah, probably a sell at the news reaction 29.50 or lower will be a buy) and matk ( terrible earnings will see how it moves before initiating long/short, hesistent because it was down 12.87% in ah, which seems over done).

Trade: cover rimm +.25/share, long snda 32, sold all of appl +8/share
Watch: osip, adrx, cwtr and matk
Current unrealized g/l:
ttwo -.10/share
ccmp -1.20/share
snda -1/share

3/10/2005

Mixed day in the market today, even though the oil price went lower the market didn't rally. Well I hope Intc can start the party off and rally the naz. Watched adrx and matk in the morning, didn't short matk (didn't have any explanation, gun shy) but did intra-trade adrx for a +.65/share, this stock then when high about another quarter then close near where I sold it. I'll watch adrx again tomorrow to see what it does. If it test the 24 level or above I'll buy , if not I'll short. Also, shorted sgtl at 44.6, I think this stock has it's run and is near it's top. Yes, the fundamental is great, but I see many big boys slowly sell this baby, so it is due for a downward trend to 41-40.

Trade: day traded +.65/share, short sgtl at 44.60
Watch: adrx
Current unrealized g/l:
ttwo -.34/share
ccmp -1.70/share
snda -1.10/share
sgtl -.20/share

3/9/2005

The oil monster is alive and well and today was the s&p and big board's turn to get hammer by it, while the naz also got hit. Cover my rimm, didn't want to, but it hit my stops, so a .25/share gain. Long snda at 32, it ran down further to 31 after that, didn't see any reason for the massive drop - the reason to buy. Will continue to buy if it falls to 30. Sold all my apple holdings because it broke my 39.70 point and was trending lower. It will probably bounce for a few points upward. I'll be watching osip ( maybe as a short, it is trending lower, downside risk is to 45), adrx ( good earnings, high will be 24.25 will see how it moves), cwtr( great earnings, down ah, probably a sell at the news reaction 29.50 or lower will be a buy) and matk ( terrible earnings will see how it moves before initiating long/short, hesistent because it was down 12.87% in ah, which seems over done).

Trade: cover rimm +.25/share, long snda 32, sold all of appl +8/share
Watch: osip, adrx, cwtr and matk
Current unrealized g/l:
ttwo -.10/share
ccmp -1.20/share
snda -1/share

3/8/2005

A small down day for me today, but for the naz it was a modest down day. The oil monster is spooking the market again. I thought we were over this monster, but no it is still creeping us out. I didn't like how the naz retreat 80bps while the other index was less than 50bps. I guess all eyes are on thursday's intl's numbers. Today I shorted rimm at 64.25, I don't see it going over 65, even though we had two big analyst reiteration today. I believe it will move to 63 by end of week, before the big wireless conference in new orleans next week. And then it will move back up because the fear will be gone. I need to hold on to positions longer( eig, apcc ran up over .90 cents in the morning but came back down in the afternoon). This would have been a 1 dollar play rather than .10 cent from yesterday. I sold off half my ccmp for a loss. This stock is resilient it won't go below 31, so I took the down day to cover some and see what happens tomorrow. As for my apple, will sell if it goes below 40, just too much competition and that has profit taking all over. Tomorrow I'll look at my current holdings because the earnings has dry up for now.

Trade: cover ccmp for a $1/share loss, short rimm at 64.25
Watch: none
Current unrealized g/l:
rimm +.10/share
ttwo -.10/share
ccmp -1.05/share
aapl +9.80/share

3/7/2005

Mixed day for me. Finally a day when the naz was in charge, but didn't like how the big board trail behind in the late day. However, I still think the mark will reach new highs after the intl mid quarter conference even though this evenings txn's semiconductor lower outlook. Daytraded apcc for a .10/share gain, I sold it after it didn't move at the end of the day as I anticipated. Also, initiate a short position on ttwo at 40.40. I think it is near it's high of 41,see a lot of big boys taking profit and all the gamer stocks are all near there 52w high.

Trade: apcc +.10/share , short ttwo at 40.40
Watch: none
Current unrealized g/l:
ttwo -.30/share
ccmp -1.85/share
aapl +12.00/share

3/4/2005

Decent week for me and the market. I think this market still have some leg and it all depends on the intl mid-quarterly conference. If it is good, it will take the semis, nasdaq, s&p and big board index higher. Sold off all losing positions today for a complete spring cleaning. Only kept my aapl and short on ccmp (which I might wait to see what happens to Intl's conference).

Trade: sold off everything except for aapl and ccmp
watch: wrnc
Current unrealized g/l:
ccmp -1.60/share
aapl +12.29/share

3/3/2005

Another flat day in the market for me today. The market continues to shrug off the high oil price. Didn't short petm, rally in the morning then retrace alittle bit at the end. Earning on crdn will keep me busy tomorrow. Also , will watch wrnc for a short, cover at 22(great earnings, but it was due to the weak dollar which isn't that great) but will once again watch the movement first.

Trade: none
watch: short wrnc
Current unrealized g/l:
syna -4.70/share
driv -5.40/share
snda -.01/share
insp -3.65/share
ccmp -1.05/share
aapl +11.29/share
crdn -0.30/share
plmo -5.30/share

3/2/2005

A flat day in the market for me today. I like how the market just doesn't care how the oil is busting to the moon, which is a good sign going into Fridays unemployment and next weeks Intl quarterly confession. Didn't short smtc because it moved slowly up until mid day then slided all the way down (by then it was too late to short). My crdn dropped for no news, but I picked up some more at 28.90. Tomorrow will be the last day for me to pick up more shares before Friday's numbers. I believe the number will be good. Tomorrow I'll watch petm (ok earnings, but announce restatements, will short and cover at 27.50).

Trade: bought crdn at 28.90
watch: short petm
Current unrealized g/l:
syna -4.20/share
driv -5.40/share
snda -1.63/share
insp -3.25/share
ccmp -1.50/share
aapl +26.70/share
crdn -0.60/share
plmo -4.90/share

3/1/2005

Another decent rally day. Frustrated that my broker didn't let me short ovti. Also, mvsn never hit my target but did rally all the way up. Didn't trade today, just watched my holding and the market. I don't understand what is going on with driv ( no news and it moves downward) and the chinese stocks are moving up happily. Tomorrow, I will short smtc, but will see how the first 15min plays out. I'm a little hesitant because it didn't get slaughter in ah. Also, maybe rimm if it goes above 70, I watched this baby moved so volatile since bear stern's valuation it to 68.

Trade: none
watch: short smtc and rimm
Current unrealized g/l:
syna -4/share
driv -5.90/share
snda -1.63/share
insp -3.25/share
ccmp -2/share
aapl +27/share
crdn +.25/share
plmo -5.20/share