6/13/2005

Another sideway movement Monday. Nothing spectacular to move the market. Today, started to short stra at 90.50 and erts at 37.78. These two stock moved without any significant news. Will have to watch closely tomorrow because these two closed near its high. However, it can reverse due to the large run up without news. Sgtl is getting close to my cut off point, but must be patient to wait for any news about earnings.

Trades: short stra and erts
Watch: positions
Current unrealized g/l:
sgtl -4.60/share
vlo +10.70/share
rimm +3.40/share
bebe -0.80/share
stra +.50/share
erts -.25/share