6/6/2006

Wow I thought the market was coming to the end with today being 6/6/06, but thank goodness it rally near the end to stop the bleeding. Tomorrow should be a huge day because of the oil inventory number. Here is my strategy going into tomorrow, if the inventory number is bearish, I'll start building my short position and get out od sun; and if it is bullish I'll add to my position on sun. I don't know what the numbers will be since this week's inventory number includes the Memorial holiday weekend. Yesterday , I added to my position on adsk, to average down to 36.31. As for adding more positions I'll have to wait and see for more economic data to come out next week. Also, the market is very bearish to pick up any share right now.

Longs Cost Unrealized g/l:

expe 14.99 -.40
mrvl 50.7 -2.3
rimm 68.7 -4
sun 68.90 -1.5
adsk 36.31 -.1