11/30/2006

Last day of the month and the money managers tried to make the financial statements look good, but instead it ended flat. A range bound day, down, up, then ended flat. This morning I covered half of the dbrn at 23.53 and the remaining at 23.71 as it proceeded to moved up over 24. A teeny gain, but I'll take it. Then shorted slb at 68.85, I did took the position too early because it ran up to 69.25 before dropping in the last 30 minutes. My target will be to cover at 68-68.25 tomorrow, but will anticipate any Friday energy sell off due to the great run this week.

Longs Cost :

Short Cost: slb 68.85