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