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Technology Stocks : LSI Corporation

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To: E. Graphs who wrote (14187)8/12/1998 10:55:00 PM
From: akmike  Read Replies (2) of 25814
 
E. Welcome back! I hope you had a great vacation. You and your excellent posts were missed; in fact Jock caught hell for becoming such a large %age of the thread while you were gone. <gg>
It's been a long time since I read my Edwards-Magee tome on TA but I seem to recollect some "measuring principles" for the extent of a move off a reversal pattern. Would you characterize the LSI chart as either a rectangular or multiple bottom reversing pattern? If so, what are the measuring implications for the upside?
If Shane and Jock are correct fundamentally,(which I believe)then I'd be interested in how much trouble these shorts may be buying into.
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