6/1/2006

Good movement and follow through from yesterday. Am I a believer in the bulls, not quite yet I need to see tomorrow's job number and how the market will react to it. The job number should be bearish based on today's higher than expected initial jobless claims, which shall propel the market higher. Today, I've sold half my position on sun for +1/share and half my position on adsk for +.20/share. I'm still very nervous about the market going into the summer month and will take any profit I can get.

Longs Cost Unrealized g/l:

expe 14.99 -.75
mrvl 50.7 -1.2
rimm 68.7 -3
vlo 60.25 +1.10
sun 68.90 +1
adsk 37.33 +.20