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To: cybersaavy who wrote (131042)3/22/2006 4:44:24 PM
From: bcrafty  Read Replies (1) | Respond to of 209892
 
cs, are you talking of an island reversal down or back up?

Either way, the move from 50 to 44ish isn't "a significant price percentage movement" in my book.

And even if those six points are a significant enough movement to some people, I'd still not play this potential setup: as Bulkowski says " . . . this pattern has the worst performance rank of any chart pattern – dead last – regardless of the breakout direction."



To: cybersaavy who wrote (131042)3/22/2006 4:58:07 PM
From: Galirayo  Respond to of 209892
 
After back testing the 144 and being repelled .. I'm curious if it may want to try spelunking next.

stockcharts.com



To: cybersaavy who wrote (131042)3/22/2006 6:07:57 PM
From: Henry J Costanzo  Read Replies (2) | Respond to of 209892
 
cs, I wasn't asking about the nature of an IR, or guidelines affecting it.........

What I was asking was whether you are calling for an IR decline here in BRCM...and if so, what leads you to do so....

I ask mainly because of the key importance of BRCM in the SOX....If your IR decline materializes, the impact on the SOX, and possibly on the entire tech sector, would be quite substantial. Is this what you were alerting us to ????