AW: Brcm short play .....

[MikeSuesserott@xxxxxxxxxxx (Michael Suesserott)]

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color=#000080>Jim,
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color=#000080>sorry to intrude, but here is a little caveat: the option spread 
you describe isn't a short play. With falling BRCM prices it would lose, 
not make, money.
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color=#000080>Kind regards,
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color=#000080>Michael Suesserott
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  <FONT face=Tahoma 
  size=2>-----Ursprüngliche Nachricht-----Von: 
  owner-metastock@xxxxxxxxxxxxx [mailto:owner-metastock@xxxxxxxxxxxxx]Im 
  Auftrag von JimGesendet: Saturday, October 07, 2000 
  10:43An: metastock@xxxxxxxxxxxxxBetreff: Brcm short play 
  .....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:
  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?   Daytrade shorts are in the money 
    today.Larry<FONT face="Courier New, Courier" 
  size=3>Jim...Atlanta, GA