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Technology Stocks : LSI Corporation
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To: sea_biscuit who wrote (25525)1/31/2003 1:34:15 PM
From: Andy M.  Read Replies (1) of 25814
 
Well, a buy signal should be judged by how often it gets you into a profitable trade. It's a bit early to judge whether buying when I did less than a day ago will be a profitable trade. In the past, the Indicator has spoiled traders by being followed by 5-10% jumps almost instantaneously--usually in a day or two or three. The value of the Indicator is that it marks a temporary bottoming. The fact that that bottom is pretty much holding despite AMAT's announcement only affirms my faith in the Indicator's essential righteousness. Even as I type, LSI is up from the moment you posted your message yesterday and my own trade is now above break-even.

Andy
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