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Technology Stocks : LSI Corporation

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To: Doug who wrote (14449)	8/20/1998 6:55:00 PM
From: E. Graphs	Read Replies (3) of 25814

Hi Doug, What chart are you looking at? Are you referring to the short term........say since the start of August? We were looking longer term, at a large descending triangle, but this was more in fun. It's interesting that it did break, but I doubt we'll get a fulfillment of any measurement rule! askresearch.com OTOH Your triangle's measurement was probably met at ~15, if I'm looking at the right one. We also have a H&S formation (Jan-Jul/98) with a broken neckline (and btw a perfect pullback to 20....the exit) .........that's been fulfilled at ~15. quote.yahoo.com The neckline looks to be at 22. There was also a pullback, but not as obvious. quote.com Finally, long term we've been expecting this whole thing to head upwards eventually, and form a large double bottom. What do you think? Still possible? Or, are we moving into a wedge? A wedge channel would probably give us 23 by the end of the year, or early '99......just a quick guess. quote.yahoo.com RE: I would recommend waiting till accumulation shows up. Is accumulation good looking? <g> E. Graphs

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