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Technology Stocks : LSI Corporation
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To: Moonray who wrote (17944)4/12/1999 12:26:00 PM
From: E. Graphs  Read Replies (1) of 25814
 
Moonray,

P&F just looks like a lot of hugs and kisses to me. One of these days I need to learn how to read those charts.

But, I did look at the line charts on SOX just now, and we've creamed the divergence on the 60 minute chart, so that's good. We've got a 50/50 chance of seeing breakdown or breakout on the weekly and monthly. Frankly, I think we're going higher on SOX......maybe T480. I'll get better resistance and support levels for you by tonight, now that you've got me curious to redo my charts.

207.95.154.130

LSI seems to be liking a ~36 support level. If the bears can think of something else besides CPQ (so lame!) to get the tech wreck they so desire then maybe we'll find an opportunity to fill that gap. I plan to add there if we do.

E!
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