10/14/2005

A mixed day throughout then a late day rally at the end. But, will this hold up for next weeks avalanche of earnings? I shorted apc today at 88.11 and got burn, the oil/gas seems to be selling off again in the morning so I shorted to have them rally in the late afternoon. Oh well, at least it helped my dvn, but the morning selloff triggered me to sell my tso for +1.35/share. Apple was flat which is a good sign that the buying has been stabilized. Sndk rally for no news whatsoever, but will come down after earnings. So for next week, the ppi number , housing start, and two of my stock will announce earnings (vrsn and sndk). As for the oil/gas, I just down know what it will do, both of these sector can still consolidate a bit or rally hard with the general market.


Current unrealized g/l:
vrsn -2/share
sndk +1.30/share
dvn -0.80/share
aapl -1.40/share
apc -1.60/share