9/5/2006

And the indices marches forward fueled by individual investors jumping in not wanting to miss the boat and the traders covering as it heads higher. As for myself, even though I'm down in the hole, I'm sitting this one out. This exuberance will not sustain for long once earnings starts rolling in. Yes, it is frustrating watching the market move higher for no significant economic reasons, as my shorts are way out of the money. Well that is it, onward to the job report on tomorrow.

Longs Cost Unrealized g/l:

uso 65.70


Short Cost Unrealized g/l:
rimm 73.87
aapl 62.40