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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: __HD who wrote (118231)12/5/2000 6:15:42 PM
From: rocklobster  Read Replies (1) of 120523
 
I hate to advocate shorting BRCM, since I am long right now.. but it couldn't clear 120 today at all...went up to 120 three times and dropped back hard every time.. actually four times I think... high of day was right over 121.. I'm still holding long but if it cant make a higher high tomorrow, I will probably bail out and possible even short it... It's been making a higher high for the last four dayz though, so I am holding long for now.. I'm really kicking myself for not trading it more, cause its given back five to ten points each time its hit a new high on the upside... 95 to 87, 101 to 97, 109 to 100, 115 to 106, 120 to 112 etc... I could of made good money just selling each step up and walking back in a bit lower.... I'm just not a good enough trader, and I'm always scared when its running up that I will get out and it will keep running..

so I have just held on til it fails to go higher..

rok
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