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


To: Moonray who wrote (25812)12/20/2013 2:43:00 PM
From: E. Graphs  Respond to of 25814
 
I'm not surprised some shareholders are disappointed. LSI has pretty much always been a heartbreak investment. I haven't held it since the tech bubble. When I sold out of all of my tech in 2000, I moved into gold. This turned out to be a great financial learning experience for me. I basically turned off CNBC for a few years, ignored the noise, and bought some real estate in Sedona in 2010. Things were moving along quite merrily for gold, until the Fed pulled out their elephant gun and finally brought the bull down by blasting it with $85billion a month pumped directly into alternative investments. LOL! you sure can't fight the Fed. Real estate has done well, though! especially in AZ.

I still watch the industry groups. Many of the charts look like they will go to the sky, but the beginning the tightening cycle may prevent another stock market bubble. I'm not sure..... without a steady $85billion a month pumped in, those muscles could turn quickly to flab. I think gold may be looking attractive again. Well, it looks like roadkill right now....but it just put in a double bottom end point on a diamond reversal pattern. It could be looking at a bottom within a long correction/consolidation or DCB. Who knows? It just looks like it might be time to buy some back. I put some thoughts on the Group Therapy board (which you can find on my profile).