7/26/2006

The indices sometime just doesn't tell the truth of what transpired in the market today. The struggle between the bear and bull continues to be alive. Today, I day traded ntri again, but this time I had more patience to pulled out a +1.80/share, sold out my slb for +5/share, was very lucky to sell out at the top of the range. The oil inventory was a shocker to me, but overall the oil index is at an all time high , so I started a short on tso at 74.80. I will continue to short the refineries as it proceeds higher, in anticipate of the trouble in Middle East and storm predictions in the Gulf. Added to my short on Apple, just don't know why it ran up today, there were no news and the MacWorld meeting won't be here until 8/7. Tomorrow, I'll watch the natural gas inventory because all the NG has been on a tear due to the hot heat wave across the country.

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

Short Cost Unrealized g/l:

aapl 59.60
tso 74.80