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


To: E. Graphs who wrote (8090)12/2/1997 5:40:00 PM
From: E. Graphs  Respond to of 25814
 
LSI as marketmover....

.........hanging out with the bad boys today.

biz.yahoo.com

ALTR down 10 15/16
TXN down 5 5/16
VLSI down 3 1/8
LSI down 2



To: E. Graphs who wrote (8090)12/2/1997 8:03:00 PM
From: shane forbes  Respond to of 25814
 
Hey E! Mangy Bear Club would point out that even though the volume today was under 2 million, yesterday the volume was under 2 million as well. So if today did not destroy the chart then yesterday did not do anything exciting.

If you note the volume on the other stocks that went down today you'll see that LSI behaved like the group (sort of) yesterday - up on about 80-90% of normal volume - but not quite like the group today - the group went down on higher than average volume while LSI just hit normal volume. While this would suggest a good thing, in my mind, it tells me that no one is in LSI at this point in time and they see no compelling reason to sell and no compelling reason to buy as well. Which makes me think of a wobbly ball balanced on a sharp pencil point - unstable equilibrium with a negative bias - a sufficiently large push and doinks! The apple cart is upset. Of course a sufficiently large pull the other way and zoom... My contention is we have a greater likelihood of doinks than zoom.

Yesterday everyone thought 27 was a certainty today the pendulum's swung the other way. Shouldn't the Proud Lions still have Rick Perdy's vote. Can't change votes partway into the contest! No fair. Besides I'm trying to help him out - I'm a contrary indicator....



To: E. Graphs who wrote (8090)12/2/1997 11:33:00 PM
From: Duane L. Olson  Respond to of 25814
 
E! - LSI Contest. The Sleek Lion's Club (hereinafter "SLC") took on
less a "golden" look today, and more like a sickly yellow hue.. The Mangy Bear Club (hereinafter and perhaps hence for nevermore, "MBC"), with a tremendous 50% increase in membership, began shedding the mange and looking forward to a big feed tomorrow... Face it, as soon as the MBCs go check a chart, it's over. ...... So that's when....
Wait... do I see LSI sitting solidly upon support right on the MA?
My god, maybe it's not over! --('til it's over..)
207.95.154.130
Darn, Technicals still in place for a possible run up to fill that gap at 27, unless STILL another outside event comes in to mess up the smooth flow of BS ---errr Cough, cough.... pseudo-techno-babble... from the MBC side.. We talk a good story... now just watch the follow thru.. The SLC (read "Slicks") have had it!! TSO