10/9/2006

Well the indices continues the upward move before the onslaught of earnings. How high will it go and for how long is the 64k question. Today, I've finally covered all my short on rimm for a disgusting -35/share loss , this was very very painful. I've waited long enough and the MM pushed and squeezed me to my limits. It is time to move forward and not watch rimm for awhile. With the fresh cash, I'll start to watch the oils and tech for the coming earnings and probable OPEC reduction on production. Also, all my trades will be day trade because of the high level of the market it will be volatile to hold overnight.

Longs Cost Unrealized g/l:

uso 65.70


Short Cost Unrealized g/l:

aapl 62.40