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Technology Stocks : LSI Corporation

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To: E. Graphs who wrote (18884)6/14/1999 11:39:00 PM
From: Moonray  Read Replies (1) of 25814
 
[OT] E., I usually am looking at a little longer time period than you,
I think. NAZ looking fairly understandable to me right now. We fell
below the 50-day MA, came back up and touched it at 2500, now we are
going down again. Next support at old lows of 2300-2350. Good chance
we will break support and drop all the way down to the 200-day MA
which right now is at 2150:
quote.yahoo.com^IXIC&d=1ym
This whole NAZ sideways correction (since February) seems to be no big
deal, once you remember we advanced from 1500-2500 in a short period
of time.

BTW What is your take on the Nasdaq chart?

o~~~ O
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