7/11/2005

This market continues to be very bullish. Maybe it is the oil coming down, maybe it is the short covering, whatever it I don't care. All my positions are shorts right now. I added to my kbh short and cof short. Also, today I initiated a short on tol 53.96 and kyph at 39.30. I just don't know about the market being this happy and all dandy. I guess this weeks cpi , ppi, and the beginning of earnings will either propel or bring the market back down.

Trades: short tol and kyph
Current unrealized g/l:
cof -1.21/share
kbh -1.85/share
wtw -2.13/share
kyph 0.16/share
tol -0/share