10/26/2006

This market is unstoppable, maybe some consolidation tomorrow after the GDP and Michigan sentiment reports? Who knows what the market will do, but definitely all four engines are burning and it might go pass the moon and onto Mars. Well today, shorted isrg at 110.90, was initially for a day trade however, it turned so fast that I kept it for the earnings announcement. Wow this stock was all over the place in the after hour as high at 122 and low as 110, and closed at 113.25. It was like being on a rollercoaster and I don't like rollercoasters. It will be interesting tomorrow how this baby will run. I'm guessing a pop up then down it go towards 110. Then, I'll cover for a small +.90/share, we will have to see how it goes but that is the plan.

Longs Cost Unrealized g/l:

uso 65.70
sndk 51.90
ntri 65.11


Short Cost Unrealized g/l:
isrg 110.90
jnj 77.11