7/26/2005

A bullish day today. Even in the news of lower confidence numbers. Well tomorow's oil inventory and durable goods number should move the market. As for my positions, it it did quite well, except for mstr. Someone is continuing to push it up in anticipation of better earnings news? Well they better exceed top, bottom , and side line numbers for this baby to go any higher than 72!! I watched amzn, in the after hour and was very surprise of how all the investors just kept on buying. The earnings was ok and projections ok, but why the big run up. I'm thinking a lot of people missed the boat on ebay and they weren't going to miss this one either. I'm thinking of shorting it if it moves above 43. Also, watched insp got slaughter for lower guidance, will buy if it goes to 21 or 20.

Trades: none
Current unrealized g/l:
wtw -2.00/share
cbh +2.60/share
mstr -4.50/share
vrsn +2.00/share
affx -1.87/share