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Technology Stocks : LSI Corporation
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To: E. Graphs who wrote (11280)3/29/1998 10:49:00 AM
From: Moonray  Read Replies (2) of 25814
 
E., on Friday (before the afternoon stock pop) I said:
It will be interesting to see if the 200-day MA stops this stock
at 26. I do not discount the possibility that the 3 rising bottoms
will lead to 3 rising tops, thus shattering the MA before stopping.

It is even more interesting to me now. From this:
askresearch.com
one sees we are extended on a short-term basis. Three possible
occurances: 1)LSI pops again to test 30; 2)LSI grinds against 26;
3) Fall back to 24 support.

I would think we will know right away Monday morning, guesses?

o~~~ O
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