Stock Attack -- A Complete Analysis Message Board

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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Jan Crawley who wrote (29521)	9/12/2000 10:44:42 AM
From: Paul Shread	Read Replies (1) of 42787

Jan, LU had better find support at 34-35, or it's lights out. Next support is 23-26 and then 18. In the daily, it looks like it broke a three-week bear flag to the downside; the worrisome thing about is it's got one massive pole, about 20+ points. That would imply a move to about 20, with the caveat that a lot of predicted big moves haven't been fulfilled lately. The 60-min. also looks straight down. A FA complement to the 34-35 TA: a service I follow, TrouncingTheDow.com, places that at about the lowest the stock should trade, based on its 4+ year trading history and the company's current earnings.

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