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To: LemonHead who wrote (9594)2/8/1998 10:34:00 PM
From: shane forbes  Read Replies (2) | Respond to of 25814
 
RE: Weekly Second Opinion - Suretrade
Any comments, Does this data help you make a decision? Buy?


No!

But hey I like the way they upgraded to buy just when I liked LSI for somewhat totally different reasons and bought it! Plus they have support just where I bought - a little over 24.75.

Funny how things work - well we've come all the way from AVOID on that 2nd Opinion stuff. So add one more guest to the party.

The guys at Zachs still have LSI as a "strong sell" likely because of the lack of upward revisions and the plethora of downward revisions.

Would still not be overly optimistic that this is the start of a long (several months) term rally in LSI but would expect(hope?) to reach upper 20's and lower 30's (more hope?) in the midst of this s/t, i/t buying spree.

I initially suspected that we would hit the upper 20's first and then pull back. 27 was not high enough. But that was Round I.

Next week begins Round II.

(I should keep a more open mind about this 2nd Opinion stuff!)



To: LemonHead who wrote (9594)2/9/1998 2:33:00 AM
From: SMALL FRY  Respond to of 25814
 
LH,
***OT***
Weekly Second Opinion - Suretrade
Any comments, Does this data help you make a decision? Buy?


I only use it to confirm support/resistance line since I'm no good at TA...their analysis is good reading, that's about it. IMHO they're always a day late...a dollar short. My last three buys were 2 AVOIDS and 1 NEUTRAL in their Recs. You can read it but bring your salt shaker...BUT, you may use it as an indicator for market sentiment if you wish. I'm sure they have their share of followers that will swear by their calls.

Just my spin,
SF

PS: Asian market mostly up: ... bloomberg.com