Trades for Wednesday
August 8th, 2007It started out as a ho-hum day today. There weren’t a lot of candidates on my radar, just CSCO, PCLN, BRCM, and LEAP. I traded CSCO (+3R), PCLN (-1R), and BRCM (+2.5R). I also took a momentum trade in RIMM that ended up not having a lot of, well, momentum. 
What a difference a few hours of trading makes in the overall market. There was some strange action in the overall market towards the end of the day today. Here are the charts:
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