4/10/2006

This market continues to be resilient in the face of higher energy price. The dow and sp just continue to be strong, but the naz gave up just a bit. Why isn't the market reacting to the high oil, war looming in iran, gold will touch 800 ( maybe not), and higher interest rate? With this thought, I covered sndk for +.20/share, it was pathetic because it dropped another 1.5 after I covered. I just have to be more patient and not let the market dictate my emotions. But, this high level in all the index will not last long, the earning numbers will prove it. This week will be quiet because of the long holiday and also the bulk of earnings won't come out until next week.

Longs Cost Unrealized g/l:
wfmi 65 +0.55/share
anf 59.09 -0.50/sharerest.


Shorts Cost Unrealized g/l:
mstr 104.40 -0.60/share
aapl 68.60 -0.07/share