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

To: Cactus Jack who wrote (4099)	8/1/2000 4:37:19 AM
From: coachbobknight	Respond to of 6531

yes...i even reshorted a little bit today at the close...i am just very skeptical of the tech market for august...i am pretty sure that you will see prices in the 180s sometime in late august...on a washout down day you might even see the gap filled in the 160s...don't hold me to that however... i would try to exercise patience as buyers will disappear in august...there is likely to be a slow grind lower on low volume for most stocks...no catalysts, fed angst, everybody's on vacation, internet usage drops, closing a european deal of any sort is close to impossible...lots of negatives.... my advice...add some shorts to your portfolio(or another form of hedge), or go to cash and wait good luck, steve