4/20/2005

A very negative day, started with the cpi spooking the market. I think we have some more downside before we move up. So far, the earnings coming out has been good, but we continue to sell off at any negative economic numbers. Today, dumped all my rimm at 70 for a +.25/share, then rebought it at 67.80. My sgtl which gave a fantastic earnings and guidance sold off like crazy. Which made me pick up some to add to my winning position, now I have it at 28.75 compare to 27.12. Cover half of my nue for a -1/share, will see what happens before dumping the rest tomorrow. As for tomorrow, I'll watch ffiv( great earnings, selling off in ah, anything below 42.50 I'm in), vrsn ( great eps and rev. if open below 27.50, I'm in if the market cooperates).

Trades: sold and rebought rimm, add to position on sgtl, cover half of nue
Watch: ffiv, vrsn
Current unrealized g/l:
sina -3.90/share
ttwo -1.30/share
aapl -5.50/share
aig -.10/share
rimm -.05/share
sgtl +0.75/share
nue -.77/share