Steven,
"Where are you at with LU?"
That has a happy and an unhappy answer. a) I bought at 50 3/16, what seems like ages past but was actually less than two months ago; a "trade" that has become an "investment" for me. And b) I couldn't buy today, as LU signaled on Friday, then failed that signal these last two days.
Don't remember you from before, so either a) I'm memory-lapsing or b) you's one of them "lurkers" I hear tell about, doubtless brought out by the scent of cheap LU.
If so, welcome, as the scent of el cheapo is exactly the mania shared on this sickly thread. The "I couldn't watch any longer and bought today," however, would NOT be the spirit embraced herein. The notion here is to wait for a new low on volume higher than the previous three days (but only if the stock closes at least one or two ticks higher than the low for the day), and to buy at or around 3:59, very much with your eyes open. Not to say that the bottom of LU's current plummet will happen that way, it's just that's what the cathouse is all about.
Best of luck on your new equity.
Ivan |
