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To: E. Graphs who wrote (10772)	3/11/1998 9:05:00 AM
From: DavidG	Respond to of 25814

E! I agree, that 20 (or there abouts ) looks like the magic number. Last night I did a little soul searching and decided to stick it out for a while and maybe buy a little more down to 18 1/2 to 19. This may give me an average of about 20...but any break below 18 and I am out again... this time with a 2 point loss...right now I am at breakeven with LSI over a 2year period. The behavior is suspect as it was prior to last quarter. SOXX and NAZ up and LSI drifts lower. Large PUT positions coming in by seemingly 1 or 2 sources, as if someone other than us knows what is going on. Remember the large 500 LSIPEs 3 months back when LSI was struggling with the 35 Resistance and the testing of 30 support. Now we have the overhead resistance of 25 1/4 (not really 27) and the support of 20 with some large PUT positions suddenly coming in again. Also, at that time, almost everyday there was news that this thread interpreted as good news and yet the stock went down... The same today and it just seems suspect of the news coming out, to create a rally(as weak as it is) to allow the ones in the know to exit. Is this being Paranoid or what. I just don't like losing money short term or long term... so I am sitting with my finger close to the trigger. I thought about selling covered calls, but, there isn't much of a premium and a big hit appears a lot worse than any gain on options. Good Luck Trading DavidG

To: E. Graphs who wrote (10772)	3/11/1998 9:12:00 AM
From: shane forbes	Read Replies (1) \| Respond to of 25814

E: Hey E did you see that multi-year double bottom in early 1991 and mid-1992 - the bottoms spread about 1.5 years apart. Well what we have in mid 1996 and now in early 1998 is the exact same thing - a double bottom 1.5 years apart. After the previous multi-year double bottom we zoomed. I had seen this earlier and that's why I was asking you that question earlier about whether multi-year double bottoms have any meaning or whether what happened in 1991/1992 was a fluke. (See Message 3667129 and one earlier which I can't find.) See I know this TA thing - it's not that hard! HA!