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

To: md1derful who wrote (1479)	5/2/1999 6:27:00 PM
From: William	Read Replies (1) \| Respond to of 6531

You going to short this puppy? At what level? Wm

To: md1derful who wrote (1479)	5/2/1999 6:40:00 PM
From: Black-Scholes	Read Replies (3) \| Respond to of 6531

Please, take a course in finance. There, they will teach you LONG-AGO proven tenets in finance. Things like "random walks", "normal distribution of returns", "Modigliano-Miller theory of capital structure" and theories that extend from those like "efficient market theory." There have been 16 Nobel Prizes given for the discovery and application of these theories. ALL of these theories either implicitly or EXPLICITLY expose any sort of technical analysis as useless. Not one economist has earned any respect or won any academic recognition for their study of "technical analysis." That should mean something.