Posts Tagged ‘brcm’


Posted by StockRake on July 22, 2008 in Leveraged ETFs, Leveraged Funds, Options, Technical Analysis, Trades

I Got Smoked Today!

Wow the RUT was curiously strong today….my RUT short got spanked for -5.5% today while the NDX although was looking at a 3% gain this morning turned into a flat pancake by the close. A very strong move came into the close and who knows why? IMO, we didn’t move up enough last week to …

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Posted by StockRake on July 22, 2008 in Market Comments, Trades

Sold CPSL On The Pop

Sold CPSL on the pop today. Took a 11.6% gain. I’m considering getting more short here this morning. I don’t know the reason for the minor rally off the bad news, could just be typical counter trend stuff. Still own LLNW, BRCM, and VCLK calls are up about 14% right now, considering taking it, but …

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Posted by StockRake on July 21, 2008 in coal stocks, Market Comments, Nasdaq, Trades

Apple, Texas Instruments, American Express, Thank You

Afterhours all three of these companies reported earnings and it looks are going to cause a nice drop tomorrow morning. This is good for me since I added to my shorts. I wish I didn’t get rid of the intraday QID position today. I forgot to mention that I dumped PWAV taking about a 1% …

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Posted by StockRake on July 21, 2008 in Biotech Stocks, China Stocks, coal stocks, Commodity Stocks, Drug Stocks, Leveraged ETFs, Leveraged Funds, Oil Stocks, Trades

Sold the ACI and BTU Calls For Gains

Took 30%ish or more on the ACI and BTU calls. Very nice 1 day bounce there. Still holding the CVX calls, but considering dumping those taking the small loss and being happy with the big gains in the coal stocks. Went short with QID and upped my index fund short position this morning. Just sold …

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Posted by StockRake on July 18, 2008 in Alternative Energy, coal stocks, Market Comments, Oil Stocks, Trades

Thanks For The 43 Points Nasdaq, Cya Next Week

Well on the week to week basis we got the rebound I was expecting. On a week over week basis, the RUT gained 19 points, and the SPX gained 21 points. However, things like the UYG did 14.6%. So certain items this week exploded while others were just good. I flipped to a small index …

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