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

To: Black-Scholes who wrote (1478)	5/2/1999 6:19:00 PM
From: md1derful	Read Replies (2) \| Respond to of 6531

Well, glad for the vote of confidence..wrong-a-mundo option breath!!! One can only trade this stock by looking at charts, both daily and otherwise..the fundamentals remain the same!!! I wouldn't think of shorting anything without firsthand knowledge of charts..right Fred???

To: Black-Scholes who wrote (1478)	5/3/1999 1:11:00 AM
From: Oblomov	Respond to of 6531

I agree with your first statement. TA is one step above voodoo. But voodoo is one step above EMH. At least voodoo has a consistent explanation for why illness occurs (although this explanation does not agree with that of Western science). EMH cannot explain why crashes or bubbles occur. And it certainly does not explain how a market participant may profit from such events. Some charts are meaningless. Some are not. In which cases are historical price movements relevant to predicting the future price changes? This is the question that is not being asked in academia. But it is a critical question for those who manage large sums of money. AA