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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts

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To: Jorj X Mckie who wrote (12427)1/7/2000 8:57:00 AM
From: arno  Read Replies (3) of 63513
 
Jorj,

LU is a buy at $52 (the bullish support line on the 2pt chart).

It definitely hit support at the BSL, but as for being a buy, I'm not so sure. By the chart yes, market confidence no. LU is now tainted and all the people that got burnt will not buy it again.

There are too many other stocks out there to buy instead of LU.

arno

baddayatblackrock.com
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