Nasty Reversal Day Ended at Breakeven
October 25th, 2007I was short two stocks yesterday: BRCM and ALTR. BRCM came really close to my partial profit target which would have allowed me to walk away with a little bit of money. Instead several Rs worth of profit evaporated into a breakeven day. These reversal days are actually relatively rare – they occur much more infrequently than I would have imagined before we started tracking them on StockTickr.
Here are the charts:
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