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Technology Stocks : Broadcom (BRCM)
BRCM 54.670.0%Feb 9 4:00 PM EST
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To: Stephen M. DeMoss who wrote (4948)12/19/2000 2:40:12 AM
From: neverenough  Read Replies (1) of 6531
 
Looks like you were on the money. Did you short it Monday morning?

I'm still looking for the low 70's early next year, but i wouldn't rule out a run to the 140's before that time. If it can hold 100 Tuesday i may jump in for a trade.

Fibonacci Projection/Retractment Levels
BRCM based on (12/18/00) prices

Open High Low Close
126.13 126.50 102.47 105.44
21-Day Hi 148.50
21-Day Lo 84.56
Projection 3 148.00
Projection 2 123.80
Projection 1 116.16
Retractment 1 99.34
Retractment 2 84.31
Retractment 3 69.28
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