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


To: sea_biscuit who wrote (15034)9/16/1998 3:12:00 AM
From: E. Graphs  Read Replies (1) | Respond to of 25814
 
Dipy,

I must have misunderstood you. I thought you were going to hold off buying LSI because you thought you might get it under 10.

And, as far as I know, nobody believes in technical analysis. It's just a tool. I don't care if you use it or not......why should I care? However, as a courtesy, I'll try to remember not to link any charts to you in the future.

BTW I've seen many high and mighty earnings projections get pummeled pretty thoroughly, too, with amazing ease, plenty of times!

Cheers!

E



To: sea_biscuit who wrote (15034)9/16/1998 1:26:00 PM
From: Bill Hermesmann  Respond to of 25814
 
Just a small clarification on the semantics. You needn't pay any attention to technical analysis (admittedly it is a great refuge of certain scoundrels and lazy types) but it is much clearer to refer to "support" on the way down, and "resistance" on the way up. Of course they are the same thing. A fall through a key (very abused modifier) "support" level would create a "resistance" level on the way back up etc.