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


To: patrick tang who wrote (18511)5/20/1999 8:42:00 AM
From: Moonray  Respond to of 25814
 
patrick, we'll just have to wait and see. We're not out of the woods,
yet. The SOX is pushing hard to break the 420/425 resistance level,
but on a Point & Figure basis it must reach 430 to break the quadruple
top. Looks like 600 (eventually) on this chart:
quote.yahoo.com^SOXX&d=5ym
The leadership this last month has come from the 8 SOX component
stocks that have performed the worst this year (no help from INTC):
techstocks.com
But, the 8 better performers have tended to join the party, also:
techstocks.com
Kindly note that LSI seems to be in a group by itself and should be
traded that way. Its next hurdle would seem to be 47.

Is SOX ready for break-out?

o~~~ O