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