Wednesday, January 18, 2006

Stopping the Bleeding

I've taken my substantial loss in the Broadcom (BRCM) short today. I've closed out the entire position in the 57.03 to 57.10 range.

As Teddy KGB would say...

Nyet! Nyet! No More!
This son of bitch, each day Up Up Up.
It trapped me.

Time to regain focus and look for new opportunities. Gave up the original BRCM gains and then some on this recent blunder.

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