GOOG I-Watch

10/28/2005

Oct. 28 - Zero sum (a)gain

A week of indecision to give bears pause and comfort to anxious bulls. Fueling the confusion and today's rebound was surprisingly strong Q3 growth. Tech historically revs up at year end but some are predicting an actual comeback.

Short opps at open were IRF and UHCO. Covered IVGN 63-61 after it refused to plunge into the 50s as anticipated. Market also propped up CSTR impressively on Wal-Mart pilot deal, earning a spot on the short wl at this height. MMUS was the huge gainer today as traders took advantage of its low float.

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