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Technology Stocks : LSI Corporation

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To: Jock Hutchinson who wrote (19719)8/13/1999 4:58:00 PM
From: uu  Read Replies (1) of 25814
 
Jock:

I know the following question was not meant for me to answer:

> So my second question is what were the technicals today that made you decide to "short again".

But perhaps I can provide an answer on his behalf! You see today is Friday the 13th and full moon. On such days some do look at stars and other means to decide what they should do with their investment. I have a strong feeling this guy belongs to that camp, and hence after looking at the stars last night right after midnight he convinced himself that he should short LSI today at $57/shr.

So the point being do not expect any rational reasons from him or any short seller as for their behavior. Friday the 13th with full moon does bring out interesting stuff!

Regards,
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