3/24/2005

Another mixed market day, but this time oil was back up. This market is just not moving, which I think the big boys will manipulate it and push it down. As for today, I started watching matk and dri (both which moved very quickly for me to place any trades). Then my mstr was moving up with little volume, which gave me an opp. to get out, thus I dumped all my shares at 60.38 +.38/share. Somehow I had a feeling it will move lower because of the low volume, but I didn't initiate any shorts. I also dumped all my avct for a pity +.34/share, it was not doing anything and the volume has dry out. Double down on my rimm for a total cost of 75.70 now. Initiated short position on aapl at 42.57, which I think this baby is getting tired and will drop to the 41ish level. Initiated short on erts at 55.00, this stock twice test the 56.50 level but fall back in the late day. Also, there are rumors about sec investigations, anyway I will cover at 53 or 52. As for next week gdp and the big job numbers will dictate the market.

Trades: sold all of avct and mstr, short aapl and erts, bought more of rimm
Watch: Current positions
Current unrealized g/l:
bmet -1.06/share
snda -.03/share
ttwo -.15/share
rimm -1.20/share
aapl +.07/share
erts -.17/share