7/28/2006

Wow what a bullish day, the bears were all hibernating while the bulls were having a field day. Some say it was the weaker gdp, but I think it was just all end of month window dressing. With this said, I sold half of mstr for +1.5/share, added to my short on aapl at a cost of 60.46 now, shorted vlo at 67, and yesterday got out of isrg for +.75/share. Overall this week was a great week for myself and everyone. However, Monday should be a mix day since it is the last day of the month and the bulls have pushed it up this much already. Now what happens after Monday until the Fed meeting will be very interesting and will reveal the true intentions of the market. My mantra will be "sell the techs on the rally, and if it goes high short it".


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

Short Cost Unrealized g/l:

aapl 60.46
tso 74.80
vlo 67