TUESDAY 1 JUNE 2004

A great start to a new month!

SINA hit $40.50 today and MAGS reached $22.15

We are set to sell SINA at $46 this week. That will be + $17 per share profit.

Who knows...it could bust through and set a new high at $50 ??

The stocks from China were very strong today...SINA, NTES, SOHU.

Also, AKAM and ATEA have been doing well of late and are in the teens price range.

Take profits this week if you have them.

Very volatile world news...Oil prices, the War, new government in Iraq...

Better to have money in the bank.

Use close stop-loss positions.

Have a great week.