I just sold BRCD again for $166.5, it is not acting too well here. I also Sold XIRC at $16.125 ($2.5 to the good, a nice one). The reason, top of the channel.
I also got out of the holy one at $11.125 for $1.5 (it was a double position, and that is what I needed to cover my loss from yesterdsay). It could still go to $13.5, but I'll wait for a small retrenchment. This one is in amajor downtrend, and thus should be played, IMHO, only for the channel for the time being.
The bu$$ also went out for $43.25 (another $2.25). I believe that $44 is now a major overhead resistance, we need Infineon resolution to take it out.
Zeev
In edit, back in JDSU at $56, yes, I know it is $2 mor than what I sold it earlier for, I'll try and recover these. |
