Friday, October 12, 2007

10/12/2007

Decent retail numbers and ok Michigan sentiment number. But, the big thing was that the Tech came back. A bit surprised it rally , but this time I was able to profit from it. In the morning sold all my vsea for +1/share, could have gotten more, but hesitated because this stock can reverse in a snap. Vsea still has lots of potential if it closes above 49. Twice daytraded bidu , the first time bought at 308 during the run up and sold out at 315 for +7/share. As it came back down, re bought at 307 and out at 312 for +5/share. Not bad, should have hang on til the close, but I was just too nervous. The quick ups and downs are too much for me and my ulcer. Overall, the market had a decent week, reaching record highs intraday and recuperated from yesterdays profit taking. Next week the heavy tech bell weathers are coming out with earnings ( ibm, goog, sndk) and my long awaited ISRG will announce on Thurs.

Current positions/cost
Long vmw 84.50

short isrg 247.16

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