10/11/2006

The market continues its resilient move upward. Even though it was down today, it did recover quickly near the end after the plane crash knee jerk drop. Bought bhi at 67.50 today, because the oix index is starting to stabilize since the rumor of OPEC production cut. I'm still keeping an eye on aapl, earnings will be on next Wed. and it might be good. So if it drops near 70, I'll cover some for a lost. The big boys love Steve and they will not push it below 70. Also, the way this market is moving it just wants to shoot to the moon. And lately when a company does beats on earning it will move up.

Longs Cost Unrealized g/l:

uso 65.70
bhi 67.50

Short Cost Unrealized g/l:

aapl 62.40