Michael, as you may well know, you are speaking to the LSI Bulls here, so we must concur in your message.. Addi is what we call the "Supreme LSI Bull" (sometimes just "SLB" for conciseness), maintaining the faith in LSI, long-term, when many have faltered. What Addi and I are after is to catch the maximum low point on LSI, looking for a retest of the Oct low, if possible.
As you may recall, at the time Dessaurer's newsletter came out last month, the stock popped to ~25, so we can buy 12% cheaper (or buy 12% more stock <g>).
The problem is that the chart on LSI still isn't attractive, even to a TA neophyte, wannabe like yours truly: This isn't yet an "obvious" bottom:http://207.95.154.130/chart/default.exe?PERIOD=120&time=day&chart=bar&chart1=bb&volume=y&rsi=y&stochastics=y&momentum=y&symbol=lsi
How are your TA skills? Where do you see the bottom, Michael? (All bulls welcome!!) dlo |
