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Technology Stocks : Lucent Technologies (LU)
LU 2.8200.0%Nov 7 9:30 AM EST

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To: k_maxwell who wrote (13837)3/6/2000 6:57:00 PM
From: Jerry Olson  Read Replies (1) of 21876
 
KM

totally agree with you...

i bought the breakout at 59..a triple top on Point and Figure charts..

i use them exclusively...just sold the APR 60'S FOR AN $11,000 Profit in a very short time frame..and will re enter later on...

..i think we'll correct a bit this week... as the SPX & OEX both hit the downtrend line, and should reverse here for a small selloff..

we call it the bearish resistance line...

any retrace down on LU, i'll buy the first turn up from there...

regards OJ...
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