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Technology Stocks : LSI Corporation

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To: patrick tang who wrote (19631)	8/6/1999 3:27:00 PM
From: Moonray	of 25814

[OT] Patrick, I do not call day trading "short term trading". Short term is measured in weeks in my vocabulary. Long term is measured in months. The longer the term, the more the fundamentals apply. The short term traders can use technical analysis to great advantage. Unforunately, stock prices get closer to a random walk as you near day trading. To me it is akin to gambling and something I would not delibertly do. The times that my trades have been completed in a day were those which the stock achieved 10-20% gain, and their short term objective was reached. o~~~ O

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