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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: dennis michael patterson who wrote (41107)2/23/2000 6:37:00 PM
From: Benkea  Read Replies (1) | Respond to of 99985
 
dmp:

I noticed BRCM traded poorly today as well, and on average volume. Wonder why? Perhaps there is some insider dumping. Nah, there'd be upgrades galore by the brokerages handling the transactions :-)



To: dennis michael patterson who wrote (41107)2/24/2000 7:22:00 PM
From: fedhead  Read Replies (1) | Respond to of 99985
 
What do you expect ? Both BRCM and PMCS have had huge runs
and are consolidating. This does not mean that the bull run
is ending anytime soon. Meanwhile other leaders like BVSN,
JDSU have broken out. Calling the top in the NAZDAQ has been
an exercise in futility. Buy QCOM, JDSU, TERN , TXN, BRCM
, CMRC and hold for 5 years. Leave the day to day timing
to the day traders. Most of them end up losing anyway.

Anindo