SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Lam Research (LRCX, NASDAQ): To the Insiders -- Ignore unavailable to you. Want to Upgrade?


To: Proud_Infidel who wrote (5458)3/8/2006 3:31:28 PM
From: Kirk ©  Read Replies (1) | Respond to of 5867
 
After taking profits at $42 and $46, I bought some shares back today at $41.05.

The timing stuff I've been working on (highly experimental) says today was a good day for a bottom...

LRCX charts to bookmark investment.suite101.com

The daily chart (#1) is showing LRCX dipping below the 50 day moving average which have been great BUY points for this rally from $24 just a year ago! The RSI line is close to a bottom and turning up from here would be great.

The weekly charts, #3 and #4, show LRCX is at a critical point to make a higher low on the RSI. I'd LOVE to see the CMF show green to about 50 as it did in 1999 and 2000 so we could take profits at a much higher level soon and buy a pullback again.