Tuesday, April 25, 2006

4/25/2006

Down day, the market is just consolidating here and there. This market is getting very tired, because even the lower oil isn't helping it go higher. The sell in May and go away theory may come true. Cover tso for +4/share, thank you Mr. Bush for that energy crisis speech today. Still holding on to vlo and slb, will see how the oil inventory number pans out before covering. Again added to my wfmi, now the cost is 64.11, this can't go down any longer. I have a feeling this will run on Fri-Mon on anticipation of great earnings number. Will watch the oils and my position again tomorrow.

Longs Cost Unrealized g/l:
wfmi 64.11 -2/share
anf 59.09 +.30/share
brcm 41.90 -0.30/share


Shorts Cost Unrealized g/l:
slb 66.73 -1.95/share
vlo 69.10 +2.80/share

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