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Technology Stocks : LSI Corporation
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To: E. Graphs who wrote (10032)2/23/1998 1:20:00 PM
From: Moonray  Read Replies (1) of 25814
 
LSI is in no man's land, with the 20-day MA @ 24.5, 50-day @ 23.6
under the stock and 200-day @ 27 above the stock. LSI would appear
to be having a very nice little correction of the move to 26-28 that
I called for, and the more precise 27 called for by you. The stock got
a little overbought when it moved from December's low of 19 to the
2 thrusts at 27. I would think this correction will last the rest
of the month then move above the 200-day MA to 30 where we will be
resting again in the 27-30 range. Look anything like this to you?

o~~~ O
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