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


To: DavidG who wrote (16954)2/10/1999 12:41:00 PM
From: Daniel My Brother  Read Replies (1) | Respond to of 25814
 
David....I too felt disappointed about the turnaround today. Very short -term, maybe this stock is a trade? I would not risk it though if you're confident in this company's eventual stock appreciation. Look at last week? Look at the gain on Monday morning? Would you want to be left out on the next major advance? IMHO....the downside risk is very minimal. We should be at the very beginning of a major upside trend. Maybe a alot further ahead is the time to start trading this stock? Again JMHO!
DMB



To: DavidG who wrote (16954)2/10/1999 6:55:00 PM
From: FNS  Read Replies (1) | Respond to of 25814
 
DavidG: Re: >I have my finger very close to the sell trigger.<

I understand your pessimism...easy to run but hard to stay! Usually, it's hard to depart when you know you got a loser!!!

Perhaps you have 2 choices: sell at 22, or sell now based on POSSIBILITY of buying back at 21-22, or at 29 (next buy signal) ....IMHO!

If the stock bases in here it'll form a good base from which to move up when the overall MARKET turns north. Simply a shortage of eager buyers right now...but the greed factor will once again prevail and the market will indeed go up -- when it's ready!

But never wrong to take a profit!!!

Good luck,

FNS