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Strategies & Market Trends : The Thread II
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To: SirRealist who wrote (598)6/7/2001 10:53:12 AM
From: hjz  Read Replies (2) of 9026
 
BRCM doing well because of outlook for future. This is a good lesson for new traders, don't look at the headlines about company warning, look for future guidance. I saw other boards on here where traders shorted BRCM before the market and they really paid for it. Even after all this time of trading, some traders think they can guess the movement of a stock and they never can.

I think this market movement proves that there is alot of momentum in this market and it has been like this since the April low. If traders try to short this market, they better have extremely fast execution because the market has shown alot of strength lately.

HJ
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