Friday, January 20, 2006

1/20/2006

Finally the tech's are consolidating, but will it continue next week? I hope it will continue next week after Texas Instruments announcement on Monday, because I want sndk to come back to the lower 60's before there earnings on Thurs. A decent day for me since I'm still short onthe market. However, this Iran situation is the monkey in the room running around causing chaos. I just don't know what the main factor for today 's selloff, but I still think the bulls are running the show. Next week should reveal everything because about another 33% of the s&p 500 companies will announce and should either justify or debunk that earning is slowing down theory.

Current unrealized g/l:
dvn +4/share

Shorts Current unrealized g/l:
sndk -3/share
tso -5/share

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