MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 695.17

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To: TWICK who wrote (80878)	7/25/2001 3:46:18 PM
From: t2	Read Replies (1) of 99985

Congrats Twick. I have already changed my mind about the playing the telecom equipment stocks.<g> They should have waited to put my post over there.<g> That analyst who was bearish on Lucent for years upgrading it this morning spoiled my plans. I was hoping I could buy ahead of such an upgrade. The stock is already well off the day's highs, confirming your negative view on the fundamentals of the group. I agree these are not good investments..only trading opportunities...I will wait a bit longer for the next opportunity in this group.

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