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Long EMC At $27.42



March 04, 2011 – Comments (0) | RELATED TICKERS: EMC , VIAV , LSCC

Market isn't looking too hot today, and it continues its 'chop-fest' of trying to bring the most pain to greatest amount of people on both sides of the trade. I've managed to hold my own today with a day-trade in JDS Uniphase (JDSU) that yielded a quick 3.5%, and an upgrade in LSCC. My other three positions that I held over night - TICC, PGH and CPWR are essentially treading water. 

But I did add a new position this morning in EMC Corp (EMC) - a computer Hardware company breaking out to new highs. I love the consolidation it has seen of late, and am only risking about $1/share to see whether I will be profitable on the trade or not. 

Here Is My EMC Chart Analysis.

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