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

To: Dr. David Gleitman who wrote (3787)	4/12/2000 11:03:00 PM
From: Brian Malloy	Read Replies (2) \| Respond to of 6531

Just some food for thought. I think you have to plan long term. When the correction starts it is too late, and now too fast on the rebounds for many. Learn to work with the market in rising and falling markets. Money can be made both ways. Think of protective strategies early, back in Nov if not Oct a few on the thread started discussing the purchase of cheap out of the money puts as cheap protection. You also need to have a list of stocks and prices at which you would like to buy, even if it seem unlikely it could happen. The 4th of April was an example. Those that didn't know what they wanted ahead of time probably just watched in awe, caught in the headlights, missing the narrow window. Hope that helps, I'm sure others have ideas as well. ie, Keith's strategy of selling the put and buying a call is a good one in this kind of market. Regards,