Piffer OT - And Other Assorted Nuts Message Board

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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts

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To: The Phoenix who wrote (16839)	1/31/2000 11:27:00 AM
From: Jorj X Mckie	of 63513

Gary, I believe that BRCM will go down further. It could go down as far as 210. But it might not. I think that the semis have a bit of correcting to do....especially the high flyers, however those same high flyers are the ones that I want when the market comes back. Another strategy is to buy puts to protect the downside. You will pay the most premium for ATM puts, and get better 1:1 tracking for ITM puts. This is the strategy that I used for QCOM and ARBA. Even though both of these are weak, I am not seeing any fluctuation in my account. Or you can sell and look for entry at support. JXM

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