Monday, September 26, 2005

9/26/2005

Wow Rita didn't caused that much of a damage, that is what the market first thought but turn after the 2nd hour. I just don't get it, how flaky the oil traders are with this Rita stuff. Oil and gas shot up today, so I shorted vlo at 112, this stock is just too high and overbought. Sold apc for a -1/share loss, man I'm just getting out too early because it would have been a positive +.36/share, instead. This is the second time I've sold too early, it is just frustrating. I'm banking on the fear subsiding again on the oil sector tomorrow to capitalize on my short.

Current unrealized g/l:
vrsn -0.60/share
sbux -1.50/share
vlo -1/share

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