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