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