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


To: polarisnh who wrote (14930)9/11/1998 4:09:00 PM
From: E. Graphs  Respond to of 25814
 
Hi Steve,

You are truly contrary!

My opinion of today......early tax-loss selling of LSI is going on today, which is not a bad time to be buying...or, once again, somebody knows something we don't know. (hope not!)

I see little downside left (as I said 10, given some real event).......plenty of upside, but with lots of resistance. This same resistance might be considered insurance for taking a tax loss right now, and feeling that you can easily get back in reasonably low after the required month is up (possibly when everybody else is doing their tax selling!).

The stock is penned up to around 18+. Should the market get settled traders will come in for that 6 point run, but right now there are so many other easier opportunities I guess.

askresearch.com

I like the double bottom on the daily.......says we'll probably never see 10.

exchange2000.com

Thanks for the post.....good luck to us.

shE Graphs <g!>