1/26/2006

Finally, finally, finally the earnings for sndk came out and the stock dropped like a hot potato. I covered 2/3 of it for an average gain of +4/share and will hold the remaining to see how the big boys respond to the decent earnings. Also, daytraded vlo for +1/share, after watching the refineries bounce after the NG inventory number vlo was the last to bounce so it was a no brainer on this 1 point gain. In the after hour, I daytraded brcm after its spectacular earnings, I shorted at 70.20 and cover at 68.25 for a +1.95/share. The earnings was a blow out, but being up 25% in after hour was what you call greedy exuberant. It should come down 1-3 dollar tomorrow. Great day for me and onward to tomorrow's 4Q GDP numbers.

Longs unrealized g/l:
dvn +2.5/share

Shorts Current unrealized g/l:
sndk +4/share
tso -3/share