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To: E. Graphs who wrote (7955)11/25/1997 9:32:00 PM
From: DavidG  Read Replies (1) | Respond to of 25814
 
E!

You are getting excited ....but maybe a little too soon. If the market stays sane for a while I think this week we might see 24 - 25.
But maybe another week to gather momentum to break the resistance.

I am also trying not to get too excited because it is beginning to look a lot better than it has in quite a while.

Only concerns:

Tax selling and VLSI and INTC behavior might slow LSI down a bit. Maybe more downgrades to come. These characters want to knock these stocks as low as possible so they can buy them cheaper.

If I had to pick a date LSI jumps thru 27... I would pick Wed Dec 17th.

Good Luck Trading

DavidG

PS: Sally goes 'round the roses....



To: E. Graphs who wrote (7955)11/25/1997 9:32:00 PM
From: Duane L. Olson  Read Replies (2) | Respond to of 25814
 
E!.Our mystical and occasionally devious one....I like the contest, but feel constrained against taking the contrary view too far. (How long does the contest go on, BTW? ) If it is unlimited, I'll take 60 <g>.
While we refine the rules, I would note that I like the following slight mod on your IQ chart, for clarity:
207.95.154.130
From which I deduce that: it depicts a stock..., perhaps a lonely, lost and forlorn stock...whoops, wrong forum.. OK, I would bet that the resistence is going to prove tooo strong, and LSI will return to test support just under 20, before finally turning and breaking that resistence at ~24/25 and soaring to fill the gap at 27. SO, I am taking the low road...so to speak. TSO



To: E. Graphs who wrote (7955)11/25/1997 11:31:00 PM
From: shane forbes  Read Replies (1) | Respond to of 25814
 
Sally it's rigged. Shorter trip to 27 (3 1/2) than 18 (5 1/2) + momentum appears to favor s/t upward swing.

BUT I'll say 27 because I want you guys to make more money. By end of the year we'll see intra-day below 19 - actually scratch this - I tossed a coin and it came up tails.

A fairer game would be to judge the "average" price between now and the end of the year (only average end of day prices). For this "average" price I'll say no way over $24. Factor in some cleansing of the books (that is if anyone has LSI on the books anymore) and I'll say "average" price $21 1/2.

(Fundamentally don't know why anyone would buy at these levels until the revenue picture clears up.)

So... finally my guess is $27 before $18. Maybe... wavering... tiptoes in the dark... dart throwing... trip the light fantastic... Sting Jazz rules... INTC is evil... Orlando Magic 6 wins in a row...