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Strategies & Market Trends : Joe Stocks Trader Talk

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To: Joe Stocks who started this subject	2/1/2002 6:45:18 AM
From: Joe Stocks	of 787

BRCM traded below it's 20 and 50ema yesterday. Although the nas built up some strength BRCM looked fairly week. Head fake? I don't know. Fundamentally this stock should be much lower as it will be pressed to show a profit this year. Also from what I hear is that they will also starting running into competition with INTC on a similar chip. I need to research more about that. Short in my day trade account with a stop just above yesterday's high. Also have a small short position in another account that I will let it run for awhile. In that account I'm short from 50.Moved down my stop to 47.55 as I am letting this run a little. Here is the chart. stockcharts.com[l,a]daclyyay[dc][pc20!c50][vc60][iLb14!La12,26,9]&pref=G Joe

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