3/20/2006

Looks like a mixed Monday, but the actual truth was that several tech stocks consolidated today. The market seems to be taking a break after all the run up from last week. Also, maybe they are waiting for more economic data such as ppi , existing home sales, and durable orders coming out this week. What happened to the oils today, dropping huge for no news. The one news I heard was the high inventory level, which was old news from last Wed. Also last Fri, I made a mistake by chasing a runner stock by the name of rimm, bought it at 87.60, thought it will touch the 90 mark, but it just back off throughout the day. This mistake was stupid because it was quadruple witching on Friday and all the stocks were very volatile. I hate it when my discipline fails and I'm paying for the lack of it.



Longs Cost Unrealized g/l:
wfmi 65 -.20/share
nbr 66.50 -2.20/share
anf 59.09 -2.25/share
rimm 87.60 -1.60/share

Shorts Cost Unrealized g/l:
mstr 104.40 -1.30/share