Wednesday, January 04, 2006

1/4/06

A very decent volume and follow through day from yesterday. Everything is starting to look good, but it is not helping my short on sndk. Today, I sold my vrsn for a -1.50/share, I had this baby for about 3 month and it just moved sideway, today was my last straw because the past two day the naz rallied and this stock just sank like the titanic with no news. Never like when a stock doesn't move with the market and with no news. The natural gas stock rally, but the NG future sank lower. The oil sector also rise, but it was near the last hour when the buyers came in. Believe everyone is waiting for tomorrow's inventory number to commit to their positions. Tomorrow, I'll see how the stocks react to the inventory number then I'll just wait for the job number on Friday.


Longs Current unrealized g/l:
apc +3.60/share
dvn +3.30/share

Shorts Current unrealized g/l:
sndk -3.70/share
tso -.80/share

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