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Technology Stocks : LSI Corporation

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To: DavidG who wrote (15875)	10/29/1998 8:33:00 PM
From: Moonray	Read Replies (2) of 25814

Sure, this IS possible. But, I don't think it is LIKELY. In fact, the strong finish to the market (we'll call it the John Glenn rally) has not currently carried over to markets still trading: Japan is starting weak: quote.yahoo.com and S&P 500 is neutral on the Globex: cme.com Remember, LSI picked up that point at the end of the day, when the DOW and NAZ were moving up smartly. We may just see a short squeeze like LSI has not seen in a while and that 16-18 gap may be under siege. This does not mean that I don't think we will fill the 17-18 gap, just don't think it will happen now. o~~~ O

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