As per last night's watch list, BRCM was a good short candidate. In fact, it took out yesterday's low just prior to the market open. Short on the open and I covered 50% after a 1 pt. gain. I covered the balance when my esignal screens died on me. I was unable to make contact with their technical support people but I gather from Trader Mike that it was serious.
Thursday, May 11, 2006
Trade of the Day - BRCM
As per last night's watch list, BRCM was a good short candidate. In fact, it took out yesterday's low just prior to the market open. Short on the open and I covered 50% after a 1 pt. gain. I covered the balance when my esignal screens died on me. I was unable to make contact with their technical support people but I gather from Trader Mike that it was serious.
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