8/26/2005

Another lack luster day, even though the oil price sold off at the end the index failed to rally. Also, Mr. Green egg and Ham's words didn't help the market at all. Today, long on tol at 47.49, a very volatile play because it has a high p/e among its peers, but the reason I played it because of the high short volume about 19% of the float. Anything can spooked these shorts and up it will go. That is all I did today, but not a good week for me overall. Next week should be exciting , with month end, gdp, consumer confidence and job number on friday should move this market.


Current unrealized g/l:
vrsn -2.75/share
kmx -.50/share
sbux -2.60/share
tol -0.74/share