8/7/2006

Well it was abit of a mixed down day, it was expected on the eve of Fed meet. The Mac Developer's conference was nothing new, so aapl sold off a bit. It should continue its fall to the upper 50's by the end of the month. But, will I have enough patience to hold it until then? I started a small short on sun at 78.50. This oil disruption didn't take out the market as I thought, but it did rally the oils. I believe it should come back down by Friday if nothing significant happens ( Middle East crisis, hurricane, warlords fighting, and Hugo's loud mouth). We should rally tomorrow afternoon, but what happens on Wed. is the 64k question.

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


Short Cost Unrealized g/l:

aapl 62.40
sun 78.50