SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Broadcom (BRCM)
BRCM 54.670.0%Feb 9 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TATRADER who wrote (4312)10/4/2000 12:37:43 PM
From: Stoctrash  Read Replies (1) of 6531
 
TA...you could be right...the problem I see in shorting BRCM is it will take some news to hit it LARGE. Sure you could scalp a trade here or there...but to get it to crack will take some work. The techs are oversold to the max....yet BRCM could not break below 214 (the most recent cycle low it had) and this is very bullish given the chart.

News or a total market melt down is what it will take, IMO.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext