Friday, December 23, 2005

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

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