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


To: DavidG who wrote (16973)2/10/1999 7:58:00 PM
From: Duane L. Olson  Read Replies (1) | Respond to of 25814
 
David... Was that a bear spread you were setting up on LSI here? ... Or do you consider your LSI holdings the strong side of a bull spread when you sell the calls? Looks like your operations are a bit more complex than I remembered.
//OT// Actually, the oils are of interest as well.. I hold DO ATW RIG and HAL (recently sold SLB). And you are making money trading the Oil Service? IS that better than trading casket futures? <G> Seriously, they have been laying there moaning for some time now; hard to envision significant profits in those (as compared with UBID DBCC, EBAY AMZN YHOO, DCLK BCST AAGP, and the other "blue chips" of the current market)... Am always willing to learn... how does one make profits on the stocks bumping bottom..(while they are bumping) <g>
TSO



To: DavidG who wrote (16973)2/10/1999 11:40:00 PM
From: E. Graphs  Read Replies (2) | Respond to of 25814
 
DavidG,

LSI has some pretty good resistance at ~30......room on the chart to see 20, but also some good support building at 24, so may never see 20, imo.

I do plan to see LSI break resistance.

Wilf made an interesting comment about the speed at which the net is catching on, and how he thought that maybe investors might be underestimating the potential of it all. I wish I had bought QLGC when he mentioned them back in August.

I've stayed out of oils, but will look again at the group..... great you could play them so well. I got caught up in ATHM. The swings have been huge there. Lately, quit all trading and stepped aside for a while, but I'm still long.

.....now just seems too soon for a huge correction, doesn't it?

E!