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----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
Jim
To: <A title=metastock@xxxxxxxxxxxxx
href="mailto:metastock@xxxxxxxxxxxxx">metastock@xxxxxxxxxxxxx
Sent: Saturday, October 07, 2000 10:43
AM
Subject: Brcm short play .....<FONT
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TL : Hello Jim
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...<FONT
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TL : no Options expert myself so no opinion for me on this
one : sorry.
At 10:40 AM 10/6/00 -0700, you wrote:
TheoThe way that I determine a H & S objective, is to measure
the distance from the extreme of the head, to the neckline. That
measurecan 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?
TL : I shorted it Friday together with PMCS and went
long on both and shorted again and again.
total of 11
trades and ALL winning : super friday for me :)
Have to be very
carefull not to get euphoric about this !!
Monday probably
again short (and long when necessary).
Daytrade shorts are in the money
today.Larry<FONT face="Courier New, Courier"
size=3>Jim...Atlanta, GA
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