7/19/2005

A very bullish day today. Wow pretty much everything was up and running. In after hour intc and mot was ok, but yhoo was slammed on ok earnings. As for today, I shorted mstr again as it run up to 70, this is getting to nose bleed level. They better have outrageous earnings next week or it will go down hard. I'll continue to short this stock if it goes above 72. Also, initiate a long on yhoo in the after hours, just cannot resist the heavy crazy sell off. It should move up tomorrow for a point. This week's market movement will be dictated by all the earnings. But, what happens when the earnings are over and the dow, naz, and sp500 are still at there year high? What will be the catalyst for it to move up further?


Trades: add to short for mstr, long yhoo
Current unrealized g/l:
wtw -2.54/share
cbh +1.51/share
mstr -5/share
yhoo +.10/share