Wednesday, May 10, 2006

In Play

Trading appears to be very slow ahead of the FOMC policy statement this afternoon at 2:15 EST.

The SOX is leading the Nasdaq down once again. BRCM looks like a potential shorting opportunity on a break of $39.70.

TZOO is attempting to breakout of a shallow base at $41.53 but so far there doesn't appear to be enough volume to support the move.

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