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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: stan s. who wrote (66245)10/18/1999 11:13:00 AM
From: bobby is sleepless in seattle  Read Replies (1) of 90042
 
good morning all...Stan...

when you have a moment...regarding LU...

200 dma has been broken, 55's next stop, then 48???? I am not saying these levels will be reached...Rather, solid areas for establishing trades.

with my TA, I've tried several approaches, and always looking for better methods as I have appreciated your perspective on the Wicked.

I tend to look at the one year, 90 days, and support/resistance...and of course, current events micro/macro...this has proven to be be very effectve for me...

bigger picture shows LU downtrend from mid july, three time testing the 67-68 levels with no success in punching through.

interested what you see with LU...

thanks...
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