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Technology Stocks : LSI Corporation

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To: E. Graphs who wrote (10418)3/3/1998 2:10:00 AM
From: shane forbes  Read Replies (2) of 25814
 
E

I CAN see the cups and handles - that's pretty amazing stuff!

Now tell me is this pattern a good thing or a bad thing?

I'll tell you what my take on the semis is: Down initially on pre-earnings jitters and then very strongly up by post earnings. At least the ones I have! Have some buying power left to snap up any tidbits that arise.

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I don't get the TSO's chart. By changing the scales he made what looked like a bad situation into a very good situation or at least a not so bad situation. Like that site changing all the angles, twisting, turning...

For long term trends I thought the 30 week MA was the useful one. And that's still good if I remember correctly. Up on strong weekly volume, retracement on weak weekly volume.

I thought I taw a puddy cat!
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