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Broadcom Corporation Message Board

  • mc2k mc2k Jun 29, 1999 11:15 PM Flag

    To BRCM shorts

    Just want to save your money. A stock being high
    in price
    is not a good reason to short. The high
    tends to go higher.
    To make money, you must first
    make trend your friend.

    I was so pleased that
    market action so far has confirmed my
    earlier
    technical analysis posted on this board a week
    ago.


    BRCM technically looking strong
    by: mc2k

    8491 of 8491
    BRCM chart has formed an ascending
    triangle. Conventional
    chart wisdom suggests that
    nonsymmetrical triangles will
    yield to a trend in the
    direction of the slope of the
    hypotenuse.
    Let's see
    if the market action agrees with this technical
    analysis.
    Best of the luck to BRCM longs.

 
BRCM
54.670.00(0.00%)Jan 29 4:00 PMEST