8/17/2006

Mixed day today, just abit consolidating, it should be the same tomorrow. Sold off the remaining 1/3 shares of sndk for +5/share, it was a good run. Did not like the news on adsk in the after hour. They came in with great revenues but are holding off the other financial datas until further option backdating investigation. Why why did they not announce this early before earnings? Man that is just frustrating. Started a small position on uso at 65.70 ( very lucky bid)the oil fund, theses oils have dropped significant because of the fear of economy slow down and the oil demand will follow. Do the traders know we are just in the beginning of hurricane season, we still have Iran to dealt with, Hugo in Venezuela, and the Nigerian warlords can cause trouble any day. However, the selloff might push it below 70 briefly but definitely not below 67/barrel. But, I'll be ready to buy and add to my positions.

Longs Cost Unrealized g/l:
vlo 63.83
adsk 34.33
uso 65.70


Short Cost Unrealized g/l:
rimm 73.87
aapl 62.40
ntri 50.50