Thursday, December 29, 2005

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

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