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To: IQBAL LATIF who wrote (24986)4/6/1999 9:44:00 AM
From: Jerry Olson  Respond to of 50167
 
IKE

BRCM just broke out at 69+++ hard resistance, this should fly...i bought it...



To: IQBAL LATIF who wrote (24986)4/7/1999 9:29:00 AM
From: J.T.  Read Replies (4) | Respond to of 50167
 
IQ, You have evolved into an excellent tactician with precision over the last two years. Your long term strategy is clear, concise. Your short term supports/resistance levels makes folly of them all. I really believe all the bears over the last few years have propelled you to master your trading skills without being married to either side of market. You are simply the best.... Now we enter into "this run for the roses". 1,470 SPU is not out of question. I am interested how your model led you to this # for area of resistance. Also, could you share with us your strategy for core holdings in this latest developing blow-off phase regarding "core holdings"? Do I sell half stock position and book profits before markets retest 200 DMA or use option strategies? Thanks in advance. OUT. J.T.



To: IQBAL LATIF who wrote (24986)4/7/1999 10:56:00 AM
From: Stoctrash  Respond to of 50167
 
Ike, with all do respect, I think BRCM shot their wad.
There are about 10 or more chip co's that will be eating their STB lunch, ....like tomorrow! See CNXT,LU/Libit, CUBE, ATYT, etc etc etc..

I know they own the cable modem chip market now....and they are a great company and all, but...

If the nets keep running though I'll try and play it from both sides.

Fred