Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: Venkie who wrote (24028)	12/11/2000 10:26:39 AM
From: edamo	Respond to of 65232

venkster...yes, brcm is a weird momo stock, but one must ascertain the direction of the momentum.... brcm on friday did below average volume, today the upside volume is still at a below average rate it will need strong upside volume to prop it up....technically, momentum wise it is short term peaking...probability that it will see below 120 before 175... you commented on atml vs brcm....friday atml one of the nasdaq leaders in volume and percent gain....atml under accumulation, brcm under distribution.... presently atml much stronger then brcm in its short term trading patterns.....brcm needs to settle out and base a bit, before it can make a lasting move upward... above average upside volume is key to any stock move...