7/25/2005

Another bearish day on mid size volume. A bit quite today since it is a Monday and not many big announcement. But, this week should be volatile due to a large volume of earnings, economic numbers ( consumer confident, michigan sentiment, gdp, durable good) and month end window dressing shenanigan by institutional investors. As for the day, I just watched my current position and rimm. RIMM is starting to be attractive again I will buy some if it hits 66, and average down if it goes lower. In the after hour action I watched nflx's spectacular earnings, however, it retraced a bit which got me concern and held back into buying. Will see how it runs tomorrow and will initiate long at 18.50 or below. Mstr's earning is Thursday and I just can not wait, it try to run this morning but came back down in the afternoon. This stock will go down or I'll be out of this profession very soon.

Trades: none
Current unrealized g/l:
wtw -2.00/share
cbh +1.85/share
mstr -3.75/share
vrsn +1.80/share
affx -1.87/share