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Technology Stocks : LSI NEWS ONLY THREAD
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To: uu who wrote ()10/17/1997 12:02:00 AM
From: Duane L. Olson   of 204
 
Classic Negative Chart of a Stock Under Distribution
For the masochistic, here is the IQ Chart portrayal of increasingly
negative market activity in LSI, beginning the end of Sept. There
were clear Sell signals in the cross-overs for both the Moving Average
and the Stochastics. An exit below 31 was advisable...an exit below
about 29 was mandatory.... Same chart was presented with negative
comment at least four times during this period. Please do not inquire
why yours truly ignored a nearly classic negative pattern.. :-( dlo:
207.95.154.130
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