Monday, May 01, 2006

In Play

Long NVDA on a break of the pre-market high. Sold 50 % following release of ISM and construction data. Moved my stop up to $29.59 on balance.

Session does not look too promising so far.

AAPL testing its neckline in choppy trade.

Update 11:46 EST - Short RIMM at $76.25. Covered 50% of position after a 1 point gain.

Update 12:50 - Covered balance of RIMM at $73.53. This will no doubt be the trade of day because today is yet another day where good setups are hard to find. So Thank you Visto for making the RIMM short come into play on a day that started out looking pretty bleak.

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