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Technology Stocks : LSI Corporation

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To: uu who wrote (8120)12/5/1997 10:37:00 PM
From: Duane L. Olson  Read Replies (1) of 25814
 
Addi, Just to keep you up to date... Although I am not yet buying LSI heavily, I have begun adding to my options position, emphasizing the January 20 (LSIAD). The Stochastics on LSI are still negative, with barely a small positive nick in the RSI...so I think I have a few more trading days before beginning serious buying.. We appear to be geting lower volume days -- something I want to see.. When there are no sellers left, we are owed a move to the upside, IMHO. (I picked up LSIAD's at 3 1/4 today). Good trading, ADDI... will let you know when I pick up the buying pace.. Should make a lot of short sellers happy!! <g> dlo ..TSO
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