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Technology Stocks : Broadcom (BRCM)
BRCM 54.670.0%Feb 9 4:00 PM EST

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To: Brian1970 who wrote (2845)10/7/1999 11:56:00 PM
From: Brian Malloy   of 6531
 
Implying that if you have options it may be wise to lock in some profits. If you have stock you may want to use some covered calls to generate some income if you are an agressive type.

I already have the stock and plan to hold it for the longterm. I have already made great profits from it and especially from buying calls.

If your in the options market playing the near term game then you need to be aware of cycles, seasonality and charting. Indicators on the indexes say the general markets have further downside in October. To me that means let my longs run but tighten up on near term plays (ie calls options).

Regards
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