Thanks for that post, O Grand Vizir... But the article makes it sound
like owning LSI is not an automatic route to riches... can we trust
these folks? Trust you fundamentalists to throw the cold water on
our euphoric parties.. Hey, actually, we seem not to be able to get
any momentum running, either. Here's the current chart:
207.95.154.130
The stochastic is running strong, but will need some volume momentum
to break through E!'s TA barrier right below 25, and we aren't seeming
to get it... So I'm reluctantly planning for a near-term lightening
up again, and hoping to follow your suggestion --- buy dirt-cheap
(probably in Dec?)
Having said all that... LSI, to me, is still the premier Company
in their niche...they ARE the competition, which is why they have been
winning the bulk of the contracts, IMHO. So we have a little caution
here, not a reason to throw in the towel... //OT// After scrambling
to get sold ahead of the "turmoil", I've been scrambling to restablish
positions, and finding the ante is up... Getting to play the "Sell low, buy High" game, in spades. After some great profits in FGII, QWST, ATI, VTSS, etc, I dumped them all, only to watch them come soaring back -- In some cases it looks like we will have to wait for next cycle to restablish positions. My latest chase is LTXX; got only part of my position established before the little fellow jumped a point or so, and I've been chasing it up all the way --- putting in buys just behind the next rise -- This is getting to be a fairly humbling lesson for someone who was "smart" enough to duck the HK turmoil... But just wait until next time :-) !!
Thanks for the good info, O Wizard! TSO
(Ole!!) |
