1/18/2006

The market continues to be in a nervous state with the Iran and the Japan stock exchange troubles. Finally, the oil traders took profit today to help me out on tso. Sndk came down then up, but tonight's aaple and ebay's guidance was weak sending it down after hour. Sndk should be trading the low 60's, this stock was hyped up in the new year and followed the naz up. Once again these hyped up tech stocks are getting hammer if they do not guide higher. So tomorrow's oil inventory should be a non issue since, Iran is holding the cards right now. Unless there is a drawdown in inventory which will be a huge shock to everyone.

Longs Current unrealized g/l:
dvn +3/share

Shorts Current unrealized g/l:
sndk -4/share
tso -4/share