11/29/2006

Well last quarter's gdp surprised everyone, and here comes the good time again. I'm a bit surprised of the move since all the money managers only have one more day left to window dress. I thought it would end flat all this week, then the volatility should begin again in Dec. Well with the move on the market I wasn't going to hold uarm short, so I covered for a +.35/share on this baby, well better than nothing. Today, took a short position on dbrn at 23.95, great earnings and good guidance, but a 19% run up is way too much. Actually most of the run up happened in the afternoon rally. So, it should back off a bit maybe to 23.5, that will be my target for tomorrow.

Longs Cost :

Short Cost: dbrn 23.95