1/3/06

Wow what a way to bring in the new year. Hopefully this rally can continue to the end of the week. I do not know why the oil rally today. Was it the Russia problem, anticipated storm, or just a bunch of managers putting some dough to work? Shorted tso at 64.70, this stock broke out of the 62 range, but it has gone up too much too fast and should fall back tomorrow. If it does not retrace, I'll short more at 66. And what happen to sndk, this stock is definitely manipulated, it may touch 70 tomorrow on no news whatsoever. I did add to my short, which makes it 64.07 now. Will continue to watch the oil/gas this week and sndk.

Longs Current unrealized g/l:
vrsn -1/share
apc +2.85/share
dvn +2.30/share

Shorts Current unrealized g/l:
sndk -3.70/share
tso -.30/share