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Technology Stocks : LSI Corporation -- Ignore unavailable to you. Want to Upgrade?


To: Daniel My Brother who wrote (19062)6/24/1999 4:09:00 PM
From: Howard Bennett  Read Replies (1) | Respond to of 25814
 
LSI's momentum

I think you did a good thing in selling...

LSI's 13-day EMA is all important.

You'll notice it bounced off the 13-day EMA ($43 3/8) today (a good thing).

However...if it closes below the 13-day EMA tomorrow I'd turn cautious. Next support after the 13-day EMA is taken out might be the 50-day EMA -- currently sitting around $39.