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Technology Stocks : LSI Corporation

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To: Peter who wrote (8666)12/19/1997 5:32:00 PM
From: uu   of 25814
 
Peter:

> But Addi....how would you know what the low of the day was to bet on it?

I did not! From past patterns I assumed the lows of the day will be made toward the end of the day near the close. Here is the post I made to Duane late last night:
Message 3004978

It happened that the lows of the day were early in the morning and the highs were toward the end (just the opposite of what I had assumed, go figure!). For example the low for LSI today was at $19.25 at around 10:00AM PST, and then it started to move up. I was hoping to buy it at $19 or lower toward the close. But ended up buying it at $20 1/8 at about 10 minutes to the close.

For once I tried to be a market timer!! And not so successful!! So I gues I'll go back to my old way of buying stocks at the prices I believe to be fairly undervalued at the time, and not to worry about a point or so down or up!

Regards,

Addi Jamshidi
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