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Technology Stocks : VLSI Technology - Waiting for good news from NASDAQ !!! -- Ignore unavailable to you. Want to Upgrade?

To: John K. Culley who wrote (3169)	3/16/1998 3:34:00 PM
From: DanZ	Read Replies (3) \| Respond to of 6565

Jack It's frustrating to see VLSI down 1/2 today when the DOW is up 100 and the NAZ is up 15. But the oscillators did not confirm the low at 17 1/4 today and created another bullish divergence. The stock has bounced back to 17 5/8 x 17 11/16 and I think we are setting up for a nice rally soon. I don't know when, but I do think that the next big move will be up rather than down. A lot of blocks traded today. Given this, and the fact that the stock broke some chart support, it's encouraging that it is only down 1/2 and was able to rally late today. Keeping the faith! Dan