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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: Stoctrash who wrote (24254)	5/26/1999 11:17:00 AM
From: Judy	Read Replies (1) \| Respond to of 44573

I'd use your Pstop system on BRCM with slightly-in-the money options when the system triggers and take profits when presented, again and again before the volatility dampens out. As for your view of its fundamentals, on a strong retrace up buy some cheap out of the money puts and forget about them. Fundamentals take time to work out, the gap at 65-67 should fill if the fundamentals are truly shoddy. No reason to get fixated on BRCM, it's just one of many stocks. Just like DELL, my views have remained the same for six months ... move on to other trades and things will come to past.