6/8/2006

What a wild Thursday, it was like being a kamikaze pilot going down and the last minute pulling all the way up to be par. And the volume was huge, more bigger than that one day in mid May. As the market went down, the first 30 minute I covered my isrg for +3.75/share, then I averaged down on all my oils. Unfortunately, if I knew the market was going to rally hard I would have loaded up big. But, since that is how the game is played , I average down on slb to 59.14, tso to 63.31 , sun to 67.31, and mrvl to 49.30. As the oil came back, sold slb for +.50/share and tso for +1.10/share. The market is still very bearish, but at least it ended on an up note. Now if we can only get the techs to rally, because it has been beaten down to the pulp.


Longs Cost Unrealized g/l:

expe 14.99 -.10
mrvl 50.7 -3.7
rimm 68.7 -3.7
sun 67.31 -0.60
adsk 36.31 -2