Wednesday, June 08, 2005

6/8/2005

Continue to move sideway but still bullish, lets see what tomorrow will bring when Greenspan speaks. Today, my bebe just dropped due to a no name shop downgrade to sell, wow that is just amazing that anyone can just say sell and the stock goes down. Will watch , if it goes below 26 , I'll have to cut my loss. Rimm sold off in the morning and touch its 200sma and bounced off. Will it continue its down trend which I believe it will, probably reverse a bit and the downtrend will continue to the end of June. As for sgtl, I'm just very frustrated how it is moving against me without any news. No trades today, wanted to short imclone but didn't hit my target.

Trades: none
Watch: positions
Current unrealized g/l:
aapl -4.30/share
sgtl -3.60/share
vlo +8.40/share
rimm -1.60/share
bebe -1.60/share

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