Monday, December 19, 2005

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

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