5/26/2005
Good support for the market today. I'm guessing it will be smooth sailing toward the end of the month. One thing I don't like is how it is rallying before the summer month begins. Summers are usually slow months, because if we have this rally now, then we will just be range bound all summer until 3rd or 4th quarter. Today no trade for me just watch my position rollercoaster throughout the day. Still getting agitated about sgtl's movement, it moves only negatively with the market and not when the market is positive. Something is up and I don't like it. Tomorrow, I'll watch ditc ( not good earnings and guidance will buy if it goes below 7).
Trades: none
Watch: positions
Current unrealized g/l:
aapl -0.30/share
sgtl -3.85/share
vlo +7.50/share
rimm -3.30/share
eyet -.60/share
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