4/27/2005

Today's action was another very negative day. Few more day of these dog days and all the talking heads will be screaming recession instead of soft patch. Today, day traded itri for +1/share, also bought insp a bit too early at 34.25. I was thinking since it dropped over 25% how much lower can this stock go. Well I guess it can go another 5% to 30%. Will see what tomorrow bring to sell for a loss. Tomorrow should be rocky again with gdp numbers. I'll also watch mchp( great eps and rev, if open below 27.50 will buy and out at 28.5). Also, sbux ( good numbers, will watch what happens).


Trades: daytraded itri , long insp
Watch: positions
Current unrealized g/l:
sina -4.90/share
aapl -5.10/share
sgtl -1.86/share
insp -2/share