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Strategies & Market Trends : Take the Money and Run

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To: Oral Roberts who wrote (5151)	6/24/2002 7:25:17 PM
From: paulj	Read Replies (1) of 17639

BRCM had a fair amount of relative strength today. BRCD did a PnF breakdown at 18. Short both. Think BRCM moved with the semis and I don't think they're done on the down side. Short DELL at 25 and will add to the short at 26. We may move up a bit tomorrow, but I agree the internals looked weak in the afternoon run. We needed that run this afternoon before we could continue down. Should be quite a week. I doubt folks want to show techs in their portfolios at the end on the quarter.

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