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Strategies & Market Trends : Trend Setters and Range Riders -- Ignore unavailable to you. Want to Upgrade?


To: Susan G who wrote (7582)1/9/2002 1:47:16 PM
From: rocklobster  Respond to of 26752
 
well I got trapped that time...tried going long on the first pullback after the spike high at 1713 and lost five points quick..seems to be plenty of sellers ....that was the perfect short right over that top too...should have played it like usual instead of trying to go with the trend..

more often than not when I try to play with trend I lose money and when I play counter trend Imake money.. sheesh..

rok



To: Susan G who wrote (7582)1/9/2002 1:48:27 PM
From: Bob Biersack  Respond to of 26752
 
13:39 ET Broadcom (BRCM) 52.78 +3.54 (+7.2%): -- Update -- Prudential raises price target to $68 from $48. Firm's channel checks indicate that co's DecQ was in line to slightly better than expectations and booking trends support continued sequential growth in the MarQ in the high single digits. Firm encouraged to see that BRCM filed today to reprice its employee stk options, priced at $39.75, as of Dec. 24; believes this indicates mgmt's increased optimism regarding current order trends.