Thursday, April 13, 2006

Trade of the Day - BRCM

As per last night's watch list, I bought BRCM on the open. I booked 50 % of the profit during the 10:00 - 10:20 reversal time and sold the balance on weakness midday. We didn't quite make it to the target price of $45.00. The AMD short had bigger profits but the entry was quite late and so I'm not using it as the trade of the day.

Happy Holiday and enjoy the long weekend!

No comments: