10/11/2005

Just when I thought the oil/gas will be trading lower the IEA numbers comes out to rally the market. Tomorrow another IEA short term projection number will also come out and Thursday will be the oil/ natural gas inventory numbers. Thes enumber will move the oil/gas sector again. Well at least I kept dvn and it is finally now up. Watched the after hour market action on apple, but didn't get to short it because it dropped so fast, by the time I saw it, it was near the bottom already. Will watch how aapl open and apol's earnings number tomorrow. No trades today, just watched all the oil/gas moved up. Also, sndk dropped in after hour in sympathy with appl.

Current unrealized g/l:
vrsn -2.45/share
sndk +1.70/share
dvn +1.40/share