Monday, March 13, 2006

In Play

Long BRCM when it took out its pre-market high - sold when target achieved. Shorted on a lower high on the 5 minute chart. Target is retest of $44.00.

Update 10:56 - Covered 50% BRCM at $44.00

Update 12:10 - Around 11:00 FAST tested its rising 10 period EMA on the 5 min. chart and I was able to pick up some shares fpr $44.10. Sold entire position for $44.95.

BRCM still consolidating

Update 12:30 - Covered BRCM $44.32 and went long.

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