5/26/2006

Decent week for myself and the market going into the long weekend. Finally, an up week after 3 straight week of decline, but I'm still cautious going forward. Since Tuesday, I've been unloading my profitable positions, however, only half my position because I just don't know how far this rally might run. I'm guessing probably until the end of month for window dressing. Today sold joyg for +2.6/share, ebay for +3/share, and vlo for +1/share. My techs and the naz continues to lag the market and is down deep. When they do rally I'm out of here, because summer is the slowest quarter for the techs.

Longs Cost Unrealized g/l:
ebay 31.30 +3
expe 14.99 -1
mrvl 50.7 -1
rimm 68.7 -4
vlo 60.25 +1.2
sun 68.90 -0.50
adsk 37.33 -0.10