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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 662.72

+0.4%

Nov 19 4:00 PM EST

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To: Zeev Hed who wrote (80568)	7/19/2001 10:51:00 PM
From: mishedlo	Read Replies (1) of 99985

Zeev, apologies given. That call was for anyone thinking BRCM is a LONG TERM buy. No I do not consider you an idiot and you know that. We are playing the same market, just different sides of it. It seems we both did quite well on BRCM today cause when I was -3 (I entered a short at 42 yesterday). I bought puts, and held the short. Absurd gap ups are to be shorted until proven otherwise. This is just the same as when something goes a bit against you and you double up. All that matters is being correct. What is interesting is we both did very well today on BRCM on opposite sides of the trade. The "idiots" bought long at 45 and held or shorted at 40 yesterday and panicked out today down 10%. Hope this clarifies. Note: Idiot is a harsh term but it is the truth. Ask Me I KNOW!!!! I have been a idiot far too many times. ggg M

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