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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: que seria who wrote (12893)3/19/2002 10:21:39 AM
From: Sharp_End_Of_Drill  Respond to of 23153
 
Que Seria, I've got puts on BRCD.

While they have great technology and a good position in the industry I just can't swallow their valuation.

The VIX is also saying you will probably get a better price in the future.

Sharp



To: que seria who wrote (12893)3/19/2002 11:19:02 AM
From: chowder  Read Replies (1) | Respond to of 23153
 
Que seria, I agree with you. Technically, this was a very good point to establish a position, at least for the near term.

You had a huge sell-off yesterday as the stock hit a major line of resistance. It had the look of capitulation and indicated we may see a near term bounce.

It will take additional bad news to take the price lower. I'm not saying the bad news won't come, I'm saying I think you picked a good spot for a near term bounce.

stockcharts.com[h,a]daclyiay[pb10!b50!b200!i!f][vc60][iut!Lh14,3]&pref=G

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