6/27/2005

What a terrible day to start the week and to end the month. My sgtl was hit with a double whammy; 1. a downgrade and 2. vendor decreased revenue projection. This does not bode well for me and my portfolio. It basically wiped out all my gains for the whole month. However, I'll continue to hold on until earnings, since it is within a month away. I still need to hear it from the company, not any analyst or vendors. This week I'll try to end with a profit for the month, even though I have a major battle with only 3 day left. I'll watch rimm for a long and the oil ( vlo and tso) for a short. But other then that, it should be a calm few days and the market will end with a pre-4th of July bang!


Trades: none
Watch: positions
Current unrealized g/l:
sgtl -8.00/share
wtw -2/share
ovti -1.50/share