5/31/2006

Last day of the month and it was all window dressing rally. It wasn't the fomc minutes, which was nothing new which stated the fed will wait for further econo data before progressing forward. But, I'll take it anyway the market will give it to me, however, I won't believe it until it moves up further and form some type of base. I would like to see the rally follow through to tomorrow and Friday's job number, then I'll be a buyer on some beaten techs such as aapl and sndk. Until then, I'll continue to unload when I'm in the money on my current positions.

Longs Cost Unrealized g/l:

expe 14.99 -.80
mrvl 50.7 -3.2
rimm 68.7 -4
vlo 60.25 +1.10
sun 68.90 -0.40
adsk 37.33 -1