Broadcom (BRCM) Message Board

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Technology Stocks : Broadcom (BRCM)

BRCM 54.67

0.0%

Feb 9 4:00 PM EST

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To: Larry Livingston who wrote (6301)	8/19/2002 3:23:34 PM
From: uu	of 6531

Common Sense says this rally is just another bear trap! The market has detached itself from economic reality. This recent rally will NOT last long. I am surprised it carried on another day. What has our news been of late? Oil at a 9 month high Leading economic indicators crash in July at steepest rate since 9/11 Housing starts down by surprise despite record low mortgage rates. Factory output and average hours worked decreases. And to top it all off they are buying Treasuries in the face of a market rally driving yields lower. Believe me it is usually smart money that buys and sells treasuries. Today they are buying despite a rally. Ask yourself "why?" ! :)

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