8/25/2006

Overall the markets were down for the week after last weeks run it was expected. As repeated over and over again the volume is very low it just doesn't matter. Even with the possibility of a hurricane coming towards the Gulf the oils just didn't budge. This just frustrates me with my current position on the oils. Also, my two shorts are running up and having a field day squeezing the shorts. I'm starting to feel the squeeze I just don't know how much longer I can stand it. I'll will definitely cover my shortrs for a loss, when is the 64k question. Next weeks, the turtle pace momentum will continue all the way until after Labor day.

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