Monday, April 25, 2005

4/25/2005

Today's action was slightly negative because the volume was light and the new high vs. new low is in favor of the new lows. Thus, I'm still negative on the market. Today, I sold off all of rimm for +1.20/share, and initiated a short at 68.57. Was very patient to not sell at the beginning and hold off towards the end to sell. There was no news for the run up so I took profit and shorted. Didn't see anything in the after hour earnings to play tomorrow.


Trades: sold rimm and initiate short
Watch: positions
Current unrealized g/l:
sina -4.50/share
aapl -4.00/share
rimm -.25/share
sgtl -.80/share

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