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Technology Stocks : LSI Corporation

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To: E. Graphs who wrote (10866)3/14/1998 6:07:00 PM
From: Duane L. Olson  Read Replies (1) of 25814
 
E!...Just stumbled into your post on accumulation points for semis...and I have started running the charts... Fortunately I know so little about charting that I didn't scare myself entirely... BUT..there is a consistent pattern of semi stocks giving us indications that I was told to look for -- FOR EXAMPLE
207.95.154.130
--- Allegedly a stochastics "reversal under 20" is a strongly bullish indicator.. That appears to be what LSI did three days ago...and certainly it was in progress by Friday...
This sort of event was not supposed to occur while TSO is sitting with an absolutely minimal LSI position. Moreover, if volume were to come in here, the chart pattern seems supportive of anything up to 31 on the next move.. NAH!!..TSO wouldn't be sitting on the sidelines for such a nice move....would he? <g> .....TSO
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