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what's your opinion on this short play.....
brcm short Oct 200p@x 1/2 and buy Oct 175put @1 1/2..4 point
sprd...
At 10:40 AM 10/6/00 -0700, you wrote:
Theo
The way that I determine a H & S objective, is to measure the
distance from the extreme of the head, to the neckline. That
measure
can be used from the neck line break, to the probable objective.
As is so often the case with technical analysis, this rule of thumb is an
art, and is in no way science.
Thanks for pointing out the wicked looking BCRM formation.
Do you have the courage to short this puppy? Daytrade shorts
are in the money today.
Larry
Jim...
Atlanta, GA
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