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Technology Stocks : Lucent Technologies (LU)
LU 2.690+5.1%Jan 2 9:30 AM EST

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To: lkj who wrote (8074)6/6/1999 12:04:00 PM
From: Eski   of 21876
 
I'm not long or short but based on the charts I wouldn't buy long right now. Upside is limited to around 65 or so IMO. But I will be shorting at 65, so I hope it does get there. Then long around 56 or so. This seems to be it's trading range lately and with Interest rates fears still looming over the markets and Y2K towards the end of the year don't see LU breaking out to the 70's for a while now, Just my 2 cents.
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