MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 680.28

-0.5%

4:00 PM EST

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To: Ron who wrote (74263)	4/5/2001 4:42:23 PM
From: el paradisio	Read Replies (1) of 99985

LU has the resistance at 8 and it will test 7 again. I think, better choice is to trade LVLT....very oversold. It looks, there is no more money to build a new fibre and everything, what is already underground will be used. Just a question of time... LVLT should trade between 10-12 and resistance at 15-15 1/2. QQQ,SPY and SMH are not bad as well... QQQ has the resistance at 38-39 and the gap from today will be closed IMO. I also like VTRS,MERQ,QLGC, SONS,ONIS,JNPR....I'am trying to avoid biotech. Regards, el

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