Piffer OT - And Other Assorted Nuts Message Board

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

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To: The Phoenix who wrote (55230)	10/5/2000 4:30:57 PM
From: Doppler	Read Replies (1) of 63513

You know the DWA chart is wrong for LU. It broke a DT today. After the long O's down it reversed up into X's and printed 32. The next day it retraced and hit 28.75 which should have printed a reversal to O's again at 29. Today's action would have then broken the dt. I am not sure why the chart is wrong. I am thinking of buying T here as well. The chart looks like fried crap but ML is pushing them and if you plot their long term trend line from 1988 to now they bounced perfectly off it at 26+. What do you think of their fundies. OBV etc seems to show them under accumulation as well.

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