5/18/2005

Finally the first positive day where all my indicators were up. The cpi numbers was the culprit, but let see how it reacts to the option expiration this Friday. Today, I sold half my vlo for +3/share, it moved up big in the morning due to the oil inventory numbers and dropped later on the day. Will continue to watch this one, if it dips below 62 , I'll dump the rest of my holdings. Sold all my mfe for +.20/share, it is just not moving, not even today's rally. Added more to my short position on rimm to a cost basis of 74.14 ( no news, except for the conference presentation today). Short plab at 22, this stock had fantastic earning, but it should not have warranted a 25% run, will cover at 21. Disappointed that my appl and sgtl barely moved. Sgtl is prime to make some kind of move very soon, in the next 2-4 days. Once again, didn't see anything in the aftermarket to watch for tomorrow.

Trades: sold mfe, short rimm, short plab
Watch: positions
Current unrealized g/l:
aapl -4.50/share
sgtl -2.00/share
plab +.10/share
vlo +2.00/share
rimm -2.25/share
osip +1.00/share