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

To: Wolf 2 who wrote (16843)2/3/1999 10:02:00 PM
From: Moonray  Read Replies (2) | Respond to of 25814
 
Wolf 2, the 5-week move in LSI from 15 1/2 to 28 has led to a greatly
overbought condition (TA-wise):
askresearch.com
I would think that a move down to the 23 area (at best) or 21 area
(at worst) is what will be required before we resume an advance.

o~~~ O



To: Wolf 2 who wrote (16843)2/3/1999 10:08:00 PM
From: DavidG  Read Replies (2) | Respond to of 25814
 
Wolf2,

I am jumping in now at a point that appears to be support for LSI. I know the gap starts a little bit lower but not all gaps have to be filled completely.

...but in the event it does go lower I will simply buy more. I am sitting with mostly cash right now looking to put some money to work. I had a nice run with some oil stocks and liquidated today rather than push my luck. I do have a habit of exiting early.:-)

Good Luck
DavidG


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