4/6/2006

This market is continuing to make higher highs and set record year highs. All for what reason, I just don't know. We have gold at 600, all the index near high levels, energy is going crazy, and earnings coming in a few weeks. So I started to go short, on aapl and sndk. These two ran up huge on just anticipation of growth. For aapl it was the boot camp software and for sndk it was m-system's great earnings. But, what if the numbers doesn't justify the run up, then it will be down hill from here. Tomorrow, the job numbers.

Longs Cost Unrealized g/l:
wfmi 65 +1.20/share
anf 59.09 -1.40/sharerest.


Shorts Cost Unrealized g/l:
mstr 104.40 -1.20/share
aapl 68.60 -2.60/share
sndk 60.80 -2.52/share