Wednesday, March 02, 2005

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

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