Friday, August 04, 2006

8/4/2006

The job number finally came out and it was just a mixed day. A rally in the morning and was given all back in the afternoon. However, I kind of like it this way, I didn't want the indice to move up too much before the Fed meeting. Today, covered both my refineries, +3/share for tso and +1/share for vlo. We are heading into storm season and I'm a bit of afraid of being short. Continued to hold onto my aaple short, even though it rally hard near the end. This accounting irregularities need to be more clear before I cover for any loss. It might move up 1 or 2 point on Monday because of the Mac World conference, but it should not go over 70 until late Sept. Well this week was a flat week for myself and all the indices. Hopefully, this rally can be sustain for next weeks Fed Meet.

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


Short Cost Unrealized g/l:

aapl 62.40

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