I'm currently short BRCM from 15 or so, and have been for the past few weeks. Luckily I covered 1/3 of my short a couple of days ago, and I'm looking to re-establish that portion at above 14.5. Mental stop is in the mid-15s. Target is wherever BRCM goes after it breaches 14.
As you say, plan the play and play the plan, but does this sound like a good plan to you? Thanks.
Tenchu
EDIT: Oh, and how do you post links to messages in "short form"?
zeev, i am trying to posistion some mutual funds for the move from 7400 to 8000. since i cannot buy intraday should i start to avg in now or wait for a climatic selloff and put it all in at the end of the day? thanks for your help. also it seems with the breakdowns of EK C IBM that we go much lower here...your thoughts