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Strategies & Market Trends : Ahh Canada - 2 out of 3 ain't bad -- Ignore unavailable to you. Want to Upgrade?

To: Cush who wrote (405)	1/25/2001 9:09:02 PM
From: Shack	Read Replies (1) \| Respond to of 5144

Chit man SI is really screwed up! Congrats on your gains. Beware the stoch sell! <g> Whatcha in? I've decided to heed your advice and sell my puts on the open tomorrow. I think you're right and we will bounce. I'm actually gonna go long some BRCM calls for the bounce. I've been hanging out over on the "Clown-Free Zone" thread and the "wavers" over there feel that we have one more real solid down before a great buying opportunity comes around. They think that this leg down will come about after this bounce and continue into mid february at which point we get a great long opportunity. I only bring it up because I have been amazed at their accuracy over the last few months. I will be selling the BRCM calls and buying back the CLS puts when we begin to approach our previous Nasdaq high from yesterday. Everything is still very overbought, especially the Nasdaq. As for PMCS-What a mess! Looks like the market is done buying bad news.