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: Stoctrash who wrote (2211)	7/8/1999 7:35:00 AM
From: Brian Malloy	Read Replies (1) of 6531

I'm watching BRCM but within the trend of the overall markets. I may not see the $125 so I'll probably have to pay a little more for the options. We are currently in a consolidation pattern in the general markets after breaking from a Triangle to the upside. In Elliot Wave Theory the current pattern indicates a THRUST. While one can never say never. If there was ever an indication that the markets can not go down, we have it now. The top could be called in March with about 90% accuracy. A continuation to the upside can be called now to reemerge two trading days +/- 1 with near 99% accuracy. Just my two cents. If people are short they need to stay glued to their terminals. Regards

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