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Trading Notes
Trading Notes
David Goldring
Wednesday, November 17, 2004

The futures are showing strong gains on the heels of HPQ ‘s positive earnings report and the KMRT/S merger. While continued strength will see our longs continue their upward trajectory, we remain cautious short term and are limited in the amount of long side equity exposure. Yesterday’s weakness gave us hope that we could soon be putting more to work, but looks like we will have to wait a while longer.
TRZ pulled back into its pivot, UTSI downgraded but not violating anything. MALL gave us a scalp, took ½, GOAM looking good, took ½ there, the rest towards 8. Got short KFX, don’t want to see a close above yesterdays high. VRSN getting close. TSRA announced litigation settlement that will pay royalties, huge revenue, changes picture entirely, got to have the news. Watching LNG today.

We will update Trading Notes before the open