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

To: Larry Livingston who wrote (6295)	8/19/2002 1:38:50 PM
From: Larry Livingston	Read Replies (1) \| Respond to of 6531

A lot of distribution going on in this move. When the program index buys kick in there is a lot of selling into it. Market makers then move it up later on light volume to catch up. I think when the broad rally retraces BRCM will have a fairly swift and steep retracement. Long swing traders would be wise to begin thinking about taking some of the table. The turn when it comes will leave little time or liquidity to get out.