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

To: Petrol who wrote (10843)	7/25/2002 8:34:14 PM
From: Jorj X Mckie	Read Replies (3) \| Respond to of 17639

BRCM BRCM has been a fun trader for me. However, I closed my positions on it and missed the latest sigs. Earlier this month, BRCM dropped down to $15ish. It then rallied more than 50% to 17.50. This is where I started to get bullish (or at least temorarily less bearish). It then broke a double top at $19 and eventually topped out at $22ish. It then had a normal and expected pullback to $19. But when the next leg up couldn't take out the high at 22, it sends up the red flags. The previous pullback to 19 provided a new support level, but that just means that you get a clean sell signal when that level is penetrated. stockcharts.com And then the conventional chart stockcharts.com[e,a]dhclniay[d20010725,20020725][pb50!b200!i][vc60][iub14][J5245034,Y]&listNum=1