Position Update
Got busy and missed a few days' worth of updating.
2/24/03
Long BEAS @ 9.97 (Full Position)
Long QLGC @ 34.36 (FP)
Long SMH @ 22.90 (FP)
Short via USPIX @ 52.79 (Triple Position)
The theory here was to play the longer term
down trend via USPIX while hedging against
the ST up trend via BEAS, QLGC, SMH.
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2/26/03
Stopped out BEAS @ 9.55 (Loss 4.2% )
Sold SMH @ 22.89 (Loss $0.01)
Sold QLGC @ 34.18 (Loss 0.5%)
Note to self: That theory didn't work too
well, at least insofar as BEAS is concerned. ):
2/26/03
Long MIR @ 1.40 (2nd 3/5ths position)