6/2/2005

A flat day just as expected, just waiting for tomorrow. All my positions turn out ok, rimm finally turn a bit with a slightly negative comment. However, rimm still has a lot of support in the 80 dollar area, but it will go below it probably in July. Today, bought bebe for their outstanding same store sales and higher projected earnings , got in at 41.86 a bit worry when it headed south but rebound at the end. Tomorrow, I'll watch bcsi ( great earnings, in ah it moved 20%, the resistance are around 25-26 will it have enough momo to go further)? The good news were expected since 5/5, maybe a selloff in the morning to 23. If it moves above 24.50-25 I'll short.

Trades: none
Watch: positions
Current unrealized g/l:
aapl -1.00/share
sgtl -2.75/share
vlo +9/share
rimm -7.25/share
eyet -1.70/share