10/18/2005

Wow this inflation scare is putting a damper on all the decent earnings numbers. Intc/yhoo announced ok numbers and are either down/mixed in after hour action. Well today, I took the opportunity to covered my short on apc for a -0.80/share, believe the oil/gas still have some leg to run further with the low supply. But, tomorrow we shall see how the energy sector reacts to the inventory number. Another sector that has been down significantly is the housing sector, I'll watch what happen to it since housing start numbers come out tomorrow. The market wants to run, but this inflation scare is killing it. I still have short position on aapl and sndk, I'll close out all these position by the end of the week or by month end. I'm sensing a big rally but just do not know when will happen, either next week or beginning of November.

Current unrealized g/l:
vrsn -2.50/share
sndk +2.5/share
dvn -3.7/share
aapl +.50/share