Chris:
Was that 300K a buy?
FNS, Herb, and all:
Most depressing, I must say---what a correction. I'm seeing support on the Naz in the 2300 area; anybody more technical see different? I sold LSI at 26 and went short MU at 79. I just covered MU and made good $. Unfortunately, this pullback in LSI was much more than I expected, like a lot of you; you were right, FNS. I bought yesterday at 24 1/4, and got stopped out today at 23 1/2.
It's trying to hold at 23, but after yesterday's late session drop, I'm holding my temptation in check to buy here at 23. It's not a bad price, one would think, but 21 is better, and I sure won't bet that we won't see it. I suppose the best thing to do is wait for a turnaround in the overall market and sell-stop at whatever resistance LSI breaks.
cb,with much less enthusiasm than last week
|