01 March 2007


Nothing like coming into THIS morning short and one of your bigger positions is barely down with real big buyers at the open...luckily the flush down to 1720 in the NQ futures erased the bids so I could cover in the $20.20 area for a profit but shit...
As the markets normalized the bidders came back with a vengeance so I flipped and bought a small call position...the story on the wires is that BlockBuster is in talks to aquire MovieLink. Could NetFlix be next and by whom? The stock just broke through $23 on pretty good volume so day traders should put this one on their screen. Also bought some NVDA $30 April calls for $215 apiece...the bid just hit $240...so pretty happy about that one...jfg

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