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Technology Stocks : LSI Corporation
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To: sea_biscuit who wrote (15034)9/16/1998 1:26:00 PM
From: Bill Hermesmann   of 25814
 
Just a small clarification on the semantics. You needn't pay any attention to technical analysis (admittedly it is a great refuge of certain scoundrels and lazy types) but it is much clearer to refer to "support" on the way down, and "resistance" on the way up. Of course they are the same thing. A fall through a key (very abused modifier) "support" level would create a "resistance" level on the way back up etc.
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