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Strategies & Market Trends : Take the Money and Run -- Ignore unavailable to you. Want to Upgrade?


To: quote 007 who wrote (315)5/20/2002 7:33:31 AM
From: Jorj X Mckie  Read Replies (1) | Respond to of 17639
 
Absolutely I see signs of bottoming. BRCM just gave a buy signal. However, it showed some pretty decisive bottoming action in March too. The thing that we haven't seen is a capitulation bottom. And until we see that capitulation, I will have an underlying bearish tone. So, I consider the bottoming action that we are seeing to be false bottoms.