12/30/2005

Flat and lackluster year for all the indices. Today, I just sold the rest of my ice for a zero gain/loss. Wanted to trade aapl in the morning was afraid of the lack of volume thus didn't do anything today. Next week should be interesting because all the traders remembers the first few days of 2005 was a disaster. This fear continues to linger into their minds for 2006.

Longs Current unrealized g/l:
vrsn -.70/share
apc +.25/share
dvn +.20/share

Shorts Current unrealized g/l:
sndk +.20/share

12/29/2005

Slow in the morning and a selloff in the final hour. The bulls maybe getting nervous and just took this time to dump. There seems to be so many nervousness in past few days and no one wants to predict what will happen in the first quarter of 2006. The oil inventory came in at a surprise and it still maintain an above 60/barrel. While the NG was a big draw down and it hovers near 11. It just tells you no one understands the mind of the future traders. I am just confused as anyone else on how those future prices move inthe short term.

Longs Current unrealized g/l:
vrsn -.50/share
ice -.20/share
apc +.25/share
dvn -.25/share

Shorts Current unrealized g/l:
sndk +.30/share

12/28/2005

Another slow and tedious day. At lease the NG rally above the 11 dollar market, which pushed my NG stocks up. Tomorrow, all eyes will be on the inventory number for oil and NG. It is starting to look like the all the indices will be flat for 2005, which means no more than 4% gain all around. All these talk about recession for 2006 due to the inverted yield is scaring the market a bit. I don't know where the market will land in 06 and anyone that knows is full of it!

Longs Current unrealized g/l:
vrsn -.50/share
ice -.90/share
apc -0.25/share
dvn +.50/share

Shorts Current unrealized g/l:
sndk -1.40/share

12/27/2005

With the low volume and the inverted yield scare, the market took a dive. Even in the face of lower oil and natural gas the market tanked. However, I tooked the opportunity to double down on apc which makes my cost basis at 94.25. This warm weather is spooking all the N.G. traders. Tha is just crazy because we are only 2 weeks into winter, there is so much more probability for a winter storm in the Northeast. I'll continue to add to my N.G. position, if it moves lower. I also added to my short on sndk, which makes my basis at 63.07. This stock just keep on ticking upward, I'll continue to short if it goes higher unless any substantial news regarding earnings is announce. Tomorrow, I'll just have to see what the oil/NG does before making any moves.

Longs Current unrealized g/l:
vrsn -.50/share
ice -.80/share
apc -1.30/share
dvn -.25/share

Shorts Current unrealized g/l:
sndk -1.20/share

12/23/2005

Another lackluster day in the holiday trading session. In the morning, I covered rimm for +1.18/share. When the natural gas sold off, due to all the upcoming warm weekend, I bought into dvn at 62.25. The manipulated sndk ran off again today to 63, but I'll be ready at 64 to short more. Basically that was what I did all day, it should be slow from here till the end of the year. Next weeks, consumer confidence and chicago's pmi, may and may not move the market with the thin volume.


Longs Current unrealized g/l:
vrsn -.50/share
ice -1.80/share
apc -1.05/share
dvn +1.50/share

Shorts Current unrealized g/l:
sndk -1/share

12/22/2005

Ho, ho, another ho tomorrow and I'll call it a santa claus rally. But, if we give it all back it meant nothing. The natural gas number came in a bit better than expected and all the natural gas sold off. It is still the second largest draw down this year. But since everyone sold off, I did the same and sold dvn for a measly +.20/share. Wanted to dump apc also, but it just didn't hit my target price. Will see what happens tomorrow to the N.G.s before initiate new positions. Rimm was on steroid today for positive earnings news, which I though was ok because there forward guidance is flat like a pancake. Thought it was way overbought , thus initiate short at 68.48. Should pull back for a 1-2 point tomorrow. Also, shorted sndk at 62.10, the god was shining on me because the high was 62.15 for the day. This is a very volatile issue and may run up another 2 points, but I'll add to my short if it does. Tomorrow should be very slow and I'll just watch my current positions.


Longs Current unrealized g/l:
vrsn -.30/share
ice -1.35/share
apc 0/share

Shorts Current unrealized g/l:
rimm +.20/share
sndk +.40/share

12/21/2005

A decent rally, but is this the santa rally that everyone is waiting for? Who knows, the oil inventory number was a surprise to me, but what was more surprising is the drop on crude price. Well tomorrow should be the natural gas's turn to run. I'm taking it easy this week because of the slow movement and the holiday season. Wanted to trade rimm in the after hour, but their revenue projection and subscriber volume for next quarter will be flat. Didn't expect the stock to run over 3 buck in the after hours.

Longs Current unrealized g/l:
vrsn -.30/share
ice -1.35/share
dvn +.40/share
apc +.40/share

Shorts Current unrealized g/l:
/share
/share

12/20/2005

A very boring day in the market today. Just not much action going on, due to the holiday season. Started out in the morning seeing my sndk drop 2 points, I covered for +1.90/share. It dropped further another point, but retraced back above 58. This stock is very volatile and doesn't move with any rational. I'm very happy with my gains and forget about the extra dollar I would have made. Then I watched vlo moved up and down near the 51 mark, but didn't cross it. The oil started to rally which spooked me and covered all my shorts for a small +.18/share. I just don't like how it was moving so slowly and tomorrow's inventory number may push it higher. Once again I think the inventory number will be a build on all fronts except for the gasoline. But how the market reacts to it is another whole story.


Longs Current unrealized g/l:
vrsn -.10/share
ice -1.20/share
dvn +1/share
apc +1.50/share

Shorts Current unrealized g/l:
/share
/share

12/19/2005

Just don't know what the market will do until the bell rings and that is exactly what happen today. I thought it will move up since the oil/natural gas traded lower but it was just a head fake. I'm glad that my vlo finally went below the 52 point and follow the oil down. I'll cover around 50-51 depend on how low the oil will drop. The natural gas hold up very well and will continue to move up. I shorted sndk at 60 and will cover at 59-59.50, this has moved up too quick and needs some profit taking.

Longs Current unrealized g/l:
vrsn -.10/share
ice -2.00/share
dvn -.49/share
apc +.15/share

Shorts Current unrealized g/l:
vlo -0.25/share
sndk +0.25/share

12/16/2005

Another great day for myself. The oil finally reverse, the gods are being too kind to me today. First, I unloaded all my sun for +2/share and didn't touch any of my vlo shorts. The oils should continue to come down because of high inventory numbers. Sold the rest of sndk for +9/share, it has reached overbought levels to me. Started to nibble on the natural gas since it has come down: long on dvn at 64.10 and apc at 95.70 and will continue to buy more if it goes down on Monday. Natural gas is what I'll concentrate on heading into the winter. Three weeks of consecutive drawdown have shown me that demand is very strong. Next week there is the ppi and the final gdp number for the 3q, so it should spark the rally. Also, the rally should either move next week or not at all because the following week everyone will be square away for the new year.

Longs Current unrealized g/l:
vrsn +.30/share
ice -2.20/share
dvn 0/share
apc 0/share

Shorts Current unrealized g/l:
vlo -0.60/share

12/15/2005

A great day for myself, but I was a bit afraid in the morning. Once the natural gas number draw down came out I was a nervous reck because of the high unexpected number. However, the traders just shrugged it off, maybe the number has already baked into the price of all these oil/natural gas which cause the profit taking. My sndk soar to the roof after the upgrade so I sold half my position for a +5/share. Ice was moving in tangent with bot's downgrade so I sold half at a loss of -2/share. Then something I accidentally did was to short more of sun which made my cost at 81.85 now. I meant to cover for a small gain, but somehow I pushed the short instead of cover button. Now I've double my short position on sun and I'm quite worry about it for tomorrow. Hopefully with triple witching the traders bring it down to 80ish and I'll cover. But, that is all I did today. Tomorrow, I'll just watch the market jiggle to the triple witching.


Longs Current unrealized g/l:
vrsn +.60/share
ice -2.20/share
sndk +5.35/share

Shorts Current unrealized g/l:
vlo -3.7/share
sun +.20/share

12/14/2005

A decent rally today for the dow, but the naz just didn't move with apple's downgrade. The oil number once again shows a build in oil, gasoline and just a bit reduction on distillate. However, the oil/ gas continue to run up. I'm frustrated with the movement in the oil sector with these continuing build on the inventory number. Yes, we have a few storm this week and maybe next week, but the inventory is still way above last year's level. I will not cover the shorts until I see a draw down on the inventory number and that has not happen for the past 3 weeks. Tomorrow's cpi and natural gas numbers should rock the market.



Longs Current unrealized g/l:
vrsn +.60/share
ice -1.20/share
sndk +1.35/share

Shorts Current unrealized g/l:
vlo -6.7/share
sun -1.65/share

12/13/2005

A big rally but subsided a bit near the end. I just don't know what all the fuss was about with the fed's speech and wording. Wanted to short more of vlo at 111.50, but it just didn't hit my target before it started to retreat in the last hour of trading. Well tomorrow is another inventory number and it should be another build on all the oil numbers. This may and may not effect my shorts on vlo/sun. I just don't know how the traders will react to the build number with another cold front in the northeast. However, I'll continue to short until the craziness come down and the rational starts to accumulate.

Longs Current unrealized g/l:
vrsn +.60/share
ice -.60/share
sndk +1.55/share

Shorts Current unrealized g/l:
vlo -6/share
sun -1.00/share

12/12/2005

Another mixed day. The natural gas ran up due to merger fever. But , why did the oil moved up, was it opec, the oil depot fire in London, or the winter storm coming later on the week. I don't know, but I added to my shorts on vlo when it hit 108, now my basis is 103.15. I'll continue to short the oils and watch for opportunities to jump into the natural gas. This oil moving upward is just ridiculous, with the past 2 weeks of higher inventory numbers it just doesn't make any sense to me at all and it is just getting me frustrated.


Longs Current unrealized g/l:
vrsn +.40/share
ice +.20/share
sndk +1.25/share

Shorts Current unrealized g/l:
vlo -5.45/share
sun -1.20/share

12/8/2005

These daily sell off is starting to make the markets nervous. The high natural gas pushed the oil higher which is ridiculous. The top for oil should be 62.5, if it touches this mark, I'll short more vlo and sun. What I worry about is the natural gas drawing down every week not the oil. Natural gas should touch 16-17. But, pretty much no trade for me all week.

Longs Current unrealized g/l:
vrsn -.0/share
ice -0.60/share
sndk -1.5/share

Shorts Current unrealized g/l:
vlo -4.0/share
sun -1.20/share

12/7/2005

Another lackluster day even though the indices were down, the number of hi's out weigh the lows. Thus, it shows this could just be a relief/consolidation period. The high oil number didn't quite helped my shorts on vlo. I guess everyone is either holding out on tomorrow's natural gas number or this cold front is psychologically making all the traders think that next week's oil will draw down. The natural gas number should show a draw down, I'll be very surprise if it shows any build.

Longs Current unrealized g/l:
vrsn -.0/share
ice -0.60/share
sndk -0.80/share

Shorts Current unrealized g/l:
vlo -2.5/share
sun -1.20/share

12/6/2005

The market sold off quit a bit in the final hour. It is still bullish though, just not many buyers to support this rally. The oil came back a bit which helped my shorts on sun and vlo. Tomorrow's oil inventory should push the oils back to their normal levels of $55-58/barrel. I'm starting to watch the natural gas now as short candidates because of the lower highs it has made yesterday and today. I'll wait and see how the oil inventory comes out before I short apc, dvn, and br. It should be a slow week this week without that much economic data.

Longs Current unrealized g/l:
vrsn -.0/share
ice +.30/share
sndk -1.00/share

Shorts Current unrealized g/l:
vlo -3.00/share
sun -0.60/share

12/2/2005

An ok day today, the market pulled back a bit to finished out a good week. Wow the natural gas ran up because of this coming cold front and the drawdown on yesterday's inventory numbers. But and a big but, why did the oil moved up this high? The inventory on Wed. showed we have more distillate this past week then last year, so what gives? Because of this panic buying, I shorted sun at 82.20 and wanted to add more to my short on vlo. I'll hold off till Monday to see will oil top the $60 a barrel to short more. Ice had another fantastic run maybe due to the oil/gas trading frenzy. Sndk sunk further under no news, just anticipating the settlement on some lawsuit next week. I'll continue to watch the oil /natural gas next week again for opportunities.

Longs Current unrealized g/l:
vrsn -.15/share
ice -.10/share
sndk -2.00/share

Shorts Current unrealized g/l:
vlo -2.20/share
sun -0.60/share

12/1/2005

First day of the month and it was spectacular. Even my Ice rally huge, but my vrsn was down for no news. So this is what I did once the natural gas came out lower as expected. I shorted vlo at 99.50 and it ran further at the end, but I'll short more tomorrow if it moves up. The oil price ran up too high for a coming cold front, but we had a large build on distillate on Wed. this should satisfy the Northeast for this week. Wanted to short the natural gas but will wait a few more day to see what happens to the momentum. Natural gas is fairly valued right now going into the winter, any further move and a warm front I'll short. Added more to my position on sndk, cost basis is now 49.72. No news whatsoever and it tanks, just doesn't make any sense. Job number tomorrow, has the market factor the number in or will it boost the dow to 11K? The dow will reach 11k this year, but where would it move to next year?

Longs Current unrealized g/l:
vrsn -.0/share
ice -1.20/share
sndk -.40/share

Shorts Current unrealized g/l:
vlo -1.50/share
+0/share