6/16/2006

All wells that ends well, we are pretty much where we are last Friday. This market continues to be fearful, but at least it didn't sell off today's quadruple witching. Since my last posting, I've sold nyx for +3/share, mrvl for +1.25/share, 3/4 of my adsk for +1/share, and added position on isrg to bring it down to 110. I just don't understand why isrg continues to slide, with their growth potential. Next week should be slow with durable orders and housing start to move the market. It shouldn't be that volatile until the following week's FOMC meeting.

Longs Cost Unrealized g/l:

peix 20.05 +0.60
gld 56.71 +1
rimm 68.7 -5
sun 67.31 -3.4
adsk 35.8 +1
isrg 110 -6