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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Mike M who wrote (88034)	6/28/2002 11:59:44 AM
From: 16yearcycle	Respond to of 99280

"BRCD has the appearance of a reverse head and shoulders (or triple bottom)...Would appear to be negated if goes much lower." Unless something is going wrong with their business, it would seem that won't happen on this nasdaq drop, anyway. The fact that it is above both previous large nasdaq drops is telling, imVho. I do have concerns about it in that BRCD took a hard line stance with csco and in the fall out, qlgc replaced them as a partner, but I think this just makes the long term Qlgc story better, and it there is no near term effect on brcd. I agree that if it break through the April 01 lows by much, it may signal something is really wrong, but I think the chances are very small. It does have a coiled spring feel to it.