6/14/2005

Well the ppi rocket was sent and it was a fizzle. Only 3 more rockets(cpi,housing, and sentiment) left to push this market further. Today cover my stra for +.90/share and erts for +1/share. These trades were for position trades only not to be kept long, thus for the quick release. Also, this market is itching to go up further and I didn't want to hold several short positions. Watched bby sky rocketed to the moon, will watch how this stock trade tomorrow. May go long for a few points if the momentum is there tomorrow.

Trades: cover stra and erts
Watch: positions
Current unrealized g/l:
sgtl -3.50/share
vlo +11.30/share
rimm +3.50/share
bebe -0.30/share