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


To: capitalistbeatnik who wrote (1206)4/6/1999 1:50:00 AM
From: Spaw  Respond to of 6531
 
VISX:

Your query:
>>If it's bullish why do you agree with shorting?<<

My answer:
Only because 68 is the high of this channel.
The nullifying factors would be a strong market and brcm blowing by 68, then 70.
All bets would be off then.
In actuality, I myself would not short BRCM here. I am personally looking to buy above 69.
This is my next entry since I did not purchase the stock when it was quietly trading at 62.

--spaw--