8/10/2006

The terrorist threat was not a factor for the market. It just shrugged it off and kept the eye on the ball. However, the dropped in the morning spooked me to sell rimm too too early, for a +.50/share, it ran up to closed at +4 and change. However, since there were no news whatsoever, I've initiated a short at 73 on rimm. It should drop tomorrow for the Friday close out. Covered sun for +1.30/share when all the oils dropped, but picked up vlo at 65.50. Tomorrow, should be interesting with the retail sales number it should move the market. I still think the market should continued to dropped with high energy prices and the coming soft economy.


Longs Cost Unrealized g/l:
vlo 65.50
adsk 34.33
sndk 46.77


Short Cost Unrealized g/l:
rimm 73
aapl 62.40
ntri 50.50