Monday, August 01, 2005

8/1/2005

Wow this market just keeps on chugging along with decent earnings and good economics numbers. However, what will be the next driver to boost it higher, maybe Friday's job number? As for me, watched mstr dived then recover, now I'm kicking myself for not taking care of this loser. Somehow, I 'm telling myself it will go to the lower 72 before it moves any further above 80. This stock is very over value since management doesn't give guidance anymore. Without guidance it will be a lost stock without any momentum to go any higher. Well this week should just be a slow closing up my position for next week's holiday. I haven't took a vacation since Dec 2003. Hopefully, the vacation will clear all this off negative vibe/emotions and let me make a good start when I come back. Don't be adding any position this week since I'll be gone, but if I do it will be a day trade.


Trades: none
Current unrealized g/l:
sbux +0.03/share
cbh +2.5/share
mstr -13.2/share
vrsn +2.25/share
amzn -0.25/share
affx +0.08/share
rimm -0.43/share

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