6/3/2005

The market is starting to base here. Even though it was a down day, the volume was lowest for the week. Which to me, people are just shaking off the negative news and the bulls are still running the show. Today , didn't make any trades, watched bcsi quite a bit as it moved upward in a negative market, then a bit down at the end. Which may me doubtful about shorting it. Missed the opportunity to dumped my bebe in the morning, got up a bit late. Rimm continued to moved down and the oil prices helped my vlo. I don't know how low rimm will go, but will have to take a lost if it reverses. Then apple went down with the battery situation, but like how it closed near its open. Next week, no major economic news just Intel's mid quarter confession and Greenspan's speech.

Trades: none
Watch: positions
Current unrealized g/l:
aapl -3.00/share
sgtl -3.75/share
vlo +10/share
rimm -4.40/share
eyet -1.70/share
bebe -0.30/share