7/20/2006

Well, well, well, fool me once shame on me, fool me twice shame on you, and try to fool me the third time I start a short positon on you. Uncle B what are you trying to do to us, just raise it up 50 bp and finish it off will you, for the love of everyone. Today, I added to my shorts on aapl to a cost averge of 58.74. Covered all my tso for +1.5/share and covered half my vlo for +.75/share. I've started a small position on slb at 61.90 because earnings will be tomorrow and it will be good as expected. I need to cover the rest of vlo before the end of this month and start to long the oils going into anticipated storm season. Tomorrow should be another wild day with option expiration, so I'll just watch and see what happens.

Longs Cost Unrealized g/l:
rimm 68.7
adsk 34.33
sndk 46.77
mstr 84.55
slb 61.90

Short Cost Unrealized g/l:
vlo 64
aapl 58.74