Thursday, October 20, 2005

10/20/2005

I guess the rally was a fake rally to draw more people in. Today was a very negative day for me, sold vlo for -4/share because I wanted to build up cash for any coming rally. Shorted xto at 39.90 because of the high gas inventory. Then I did something very stupid which was hold onto sndk and waiting for the earnings numbers. I should have taken my 4 dollar profit and leave, but just got too greedy for more, now I'm under -3/share. Hopefully it can pull back tomorrow so I can get out!! So definitely not a good day made too much basic costly mistakes.

Current unrealized g/l:
vrsn -0.60/share
sndk -4/share
dvn -5.3/share
aapl -2.30/share
xto +1/share

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