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Strategies & Market Trends : Take the Money and Run

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To: rgjack who wrote (3324)6/14/2002 1:01:42 PM
From: Jorj X Mckie  Read Replies (1) of 17639
 
I *always* have a deeper target in mind. I am not really a day trader, I just end up doing it sometimes. I have had some sort of short position on BRCD and BRCM for the past two months, with only a few days here and there where my position has been zero shares short.

But you are right about the big support at 18.25-18.50. What I am looking at on the P&F charts is what is called a bull trap, it isn't official yet, but I believe that the pattern is going to play out that way.

stockcharts.com
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