Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Broadcom (BRCM) -- Ignore unavailable to you. Want to Upgrade?

To: Keith A Walker who wrote (3227)	12/6/1999 8:39:00 PM
From: Brian Malloy	Read Replies (3) \| Respond to of 6531

Well, quite frankly I'm rather perplexed, but no complaints. A lot of targets that I thought would be seen in the Jan-April time frame have been reached already. Many of us are sitting on huge gains this year. From a technical perspective one would think a correction is due. At least one can say I don't know when a correction will come but each day brings me a day closer. My philosophy at this point. Given the money that has been made. Why not buy out of the money puts that are cheap. Just incase things implode. I continue to hold all stock. I took profits on my "short term" December and January calls. I maintain my "long term" call positions Feb-April. However, last week and for long as this rally continues I have been using calls to daytrade and never hold more than 48 hours. Some people that I follow think the NAZ may move 5% above last Friday's high before pulling back. Other's like Bob Brinker think there will be no significant pull pack in December. Over all, simply control near term risk and enjoy a great Christmas and a most profitable New Year to everyone of us. ;-) B2B will be the place to be next year.