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