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Strategies & Market Trends : Sharck Soup
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To: irkarki who wrote (3409)10/11/2000 11:20:20 AM
From: CAPTAIN MORGAN  Read Replies (1) of 37746
 
Historically buying well known companies on days like this is rewarding. LU may have further sell offs in its near term but I am of the opinion that most of the bad news is out and am buying for an account that I do not rapid trade. Buying today you are paying roughly the same price that you would have paid 3 years ago. I am not expecting a quick pop but willing to wait it out until the pendulum swings in the other direction.
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