5/17/2005

Another slightly negative day even though it looks like we are reversing. I think this is definitely a fake out( the volumne is low and the new high vs. new low is in favor of the lows). The cpi tomorrow will be the big test to see what the market wants to do. Today, my energy stock has finally rally and very glad everyone is having their common sense back in check. Also, shorted rimm at 71.95, will probably move up some more but will be ready to add to my positions. Went long on osip, thinking the bottom is near, will add if it moves lower. For tomorrow , anf( good earnings, down in ah, may short due to the fact that everyone wants out).

Trades: short rimm and long osip
Watch: positions
Current unrealized g/l:
aapl -4.95/share
sgtl -2.24/share
mfe -.20/share
vlo +1.70/share
rimm -.50/share
osip -.20/share