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To: Lizzie Tudor who wrote (10322)1/11/2003 7:44:20 AM
From: Sig  Read Replies (1) | Respond to of 13815
 
IMO Here is why the bears cannot get any traction.Big money from MM funds ( which makes zero profits overall)
is coming into techs for the earnings season which will be somewhat better than "expected" or estimated by various companies.
marketwatch.com
So I believe we are good for a week or two after which it is anybodys guess, since the bigger losers tend to report later on and the War gets more discussion.
This is not the old "buy and hold" market of the past. There is now over 3 bil shares traded per day on the markets. Much more money for brokers and funds to be made in churning than in holding for 6% returns.
They hire analysts to turn the churn And if the SEC now says they cant pay hard money for that, there is always "soft" money (G)
There is nothing incompatible between what we do. I buy calls at the low and try to sell at the high. You sell calls at the high, and buy back at the low or let them expire.
I have not tried buying puts so much but could certainly use more experience doing that.
Have a good year
Sig



To: Lizzie Tudor who wrote (10322)1/11/2003 10:52:39 AM
From: im a survivor  Respond to of 13815
 
<<brcd is still a dirt cheap buy under 6, remember they are profitable and cash flow positive in an exploding sector
>>

True....I have some, but want more...I guess I am being greedy and thinking eventually some world event is going to allow me to get it on the cheap....But Rule of Keith = If I buy it, we get smacked and stock goes down....if I dont buy it, it rallies 400% before it dips back down a little <ggg>....but yes, I like BRCD very much and like it's long term prospects....I am just concerned about the short term and these very unstable world events we are working our way thru......