4/17/2006

Well it is the start of another busy earnings season. Today's action was not all that bad, even though it was down, the volume does not justify the move. So far the earnings have been good, but the inflation fear is still lingering around and spooking everyone. Also, this high oil number should be consolidating maybe later on the week. It has top the psychological 70 and the profit takers should start to show up. But, overall I'll have to examine how the market handle more earnings numbers coming out this week. Bought aapl today at 64.40, earnings should be decent on Wed, for a few point run. Tomorrow I'll will watch rimm, sndk, and yhoo. All these techs have consolidated a bit and it is about time to get back in.

Longs Cost Unrealized g/l:
wfmi 65 +.40/share
anf 59.09 -0.50/share
slb 62.60 0/share
aapl 64.40 +.20/share

Shorts Cost Unrealized g/l: