BRCD - Sector: Technology---Industry: Computer Storage Devices

[rickjust]

hi,
thanks melf for your applause. but i wish it was for a win rather than for a stop out.
anyway brcd looks bullish to me and maybe has a chance to breakout of that 630 zone if the market wills it. to borrow your football analogy, for now i think the bulls are going into the last quarter confidant of a win , ( but we all know what can happen after the 2 minute warning.)
watching from the sidelines,
maxi

[Melf Elf]

anyway brcd looks bullish to me and maybe has a chance to breakout of that 630 zone if the market wills it.

maxi,

The Bears couldn't do anything on Friday.  They took BRCD down early to 6.14, but the Bulls took it back above 6.20, and kept returning it above 6.20 on the successive attempts on the part of the Bears to knock out 6.20. 

to borrow your football analogy, for now i think the bulls are going into the last quarter confidant of a win , ( but we all know what can happen after the 2 minute warning.)
watching from the sidelines,

Right. It ain't over 'til it's over.  Oh, wait, that's baseball (Yogi), isn't it? 

[Melf Elf]

Right. It ain't over 'til it's over.  Oh, wait, that's baseball (Yogi), isn't it? 

Now the Bulls wimped. 

They didn't take out 6.40 (yesterday's high was 6.38).  They didn't close it yesterday above the DOUBLE breakout at 6.30.  The close was 6.30.  Volume has been poor.  Today, Friday's low of 6.14 has been taken out to the downside, putting in a short-term Double Top (6.40-6.38).

5.90 is IN PLAY as long as BRCD trades below 6.14.

[Terliso]

right on BRCD!!!

[Terliso]

Didn´t saw much strenght in the breakout so....my setup is trading the range.

Short @ 6.35. Stop loss if BRCD close above 6.40 at close.

You did a good job, LuxAA (applaud)

[Terliso]

I'm break even... actually I can cover now here... but not yet...

[Terliso]

BRCD

[Melf Elf]

5.90 is IN PLAY as long as BRCD trades below 6.14.

The Double Top target: 5.90 MADE.

[AA]

Thanks Terliso! 

BRCD crash yesterday. Let´s see today! 

Good luck!

[Terliso]

Short with me Melf-elf 

Good job Melf !!  you got out early in ur LONG position

Thanks Terliso! 
BRCD crash yesterday. Let´s see today! 
Good luck!

Good luck to us!!


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200sma is supporting the price (weekly chart) but the slope is pointing downward....BRCD may be bullish on the daily chart but the weekly is bearish

[Melf Elf]

8. 5.74 - The up trendline off the November, 2005 low (dotted purple line).

Rally off the November, 2005 up trendline 5.72, back to 6.00 again.  Nobody gettin' nowhere. 

[Melf Elf]

It's back to 6.20...the stock that wouldn't die...

[rickjust]

hi,
that's why i had to get out and stay out.  i couldn't stand watching it's machinations. no fun when you have shares. 
maxi

[Melf Elf]

hi,
that's why i had to get out and stay out.  i couldn't stand watching it's machinations. no fun when you have shares. 
maxi

That's how I felt, maxi.  I favor the Bulls, but both Bulls and Bears keep blowing opportunites.

[Terliso]

Covered @ 5.92
Loss = $20.00

I'm sitting on a dead money