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Bernard Ng

02/04/01 11:55 PM

#1674 RE: alexed #1665

SCMR has formed a descending triangle, a bearish pattern. You know that it related to NDX overall action pretty close...

Basically, I think we are at the right moment to start a strong short below $29... and see you at $20 according to the chart... but who knows, just take the profit with a trailing stop loss, but strong short below $29 is what I will do. On the other hand, if it somehows bounces back tomorrow, then it might reach $40.

My take is... it's a bearish pattern about the breakdown at $29, take the short side.

signed,
Bernard
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Bernard Ng

02/05/01 12:01 AM

#1675 RE: alexed #1665

BRCM, see you at around $88, with the help of NDX decline... just took a brief look.

signed,
Bernard