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Politics : Idea Of The Day

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To: donald sew who wrote (8966)	9/4/1997 5:52:00 PM
From: shasta23	of 50167

Hi Donald! you wrote:"If anyone is interested I just got LSI. It is now at a very strong base and if the news is bad I feel the downside is still limited, while the upside is wide open. It is NOT a CLASS 1 or CLASS 2 BUY but the technicals on it approaching oversold." I'm trying to learn from all you great guys and looked at the chart of LSI and was wondering why you bought it today? Ok the stock ended up 7/8 which supports your thinking. When i - a TA newbie- look at the chart(data from yesterdays close/alphacharts like you use it too) i see it trading under the 9,21 and 50 DMA, i see the MACD still clearly trending downward, Stoch clearly not in an oversold region. I know that you use multiple indicators but according to my info the above indicator are not telling me to buy. I see the close by support around 30. Was there anything specific that mde you buy here? Just trying to learn the trade. Thanks for any info you can give me. Stefan

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