3/30/2005

A bounce from the lows, but I think it was just a bounce, not forming any reversal here yet. What a great day, I dumped all my rimm for +.75/share, could have gotten more but this was a sell on the rumor deal. If this buyout rumor doesn't have any bases it will fall until next Tuesday's earning. Short kosp at 41.78, just could not believe this baby run up further in the late day, probably all the shorts covering. However, I short more if it moves further, this settlement doesn't justify this big move. Also, added more short to my apol, this stock pop because of the small upgrade and the market just pushed it higher. In ah my bmet, got a subpoena about their orthopedic agreements, but this is really not major news. Will buy more if it drops below 36.5. Will watch rimm and aapl to add as short for tomorrow.

Trades: sold rimm +.75/share, short kosp, add to short on apol
Watch: Current positions
Current unrealized g/l:
bmet +.11/share down in ah
snda +.15/share
ttwo -0.20/share
aapl -.20/share
apol -1.54/share
kosp -0.53/share