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Technology Stocks : Broadcom (BRCM) -- Ignore unavailable to you. Want to Upgrade?


To: Stoctrash who wrote (2392)8/8/1999 5:20:00 PM
From: Johnny Canuck  Read Replies (1) | Respond to of 6531
 
Fred,

You have been pretty good at calling the movements on this stock.
Looking at your chart, it looks like you are using a 2 standard deviation envelope (?) with a moving average and a trend line.
Is your sell signal based on the 3 bearish candles on the hourly chart in a row after the price hit the upper envelope or is it based on the price crossing below the moving average. I am just trying to understand the timing of you signal.

Regards

Harry



To: Stoctrash who wrote (2392)8/8/1999 10:55:00 PM
From: Keith A Walker  Read Replies (1) | Respond to of 6531
 
FredE, Thanks for the heads-up on Level3. Looks like a bottom if I've ever seen one.

Accumulated some TUTS last week and am playing TERN along with BRCM. Generally, I am fighting my urge to buy puts on everything. The major difference between this August/September and last year is that the Asian/Latin American crises are being contained. Unless all hell breaks lose with Tawain/China, I think the market has accounted for another 25 basis points. Trouble is the Fed will change their stance from "neutral" to "hawkish" with a rate rise. I'm just betting that this will be the last one for the year, given the uncertainties of Y2K on a global basis.

Talk with you later.