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Strategies & Market Trends : Charts for Bottom Breakout

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To: Tom Shutters who wrote (3088)3/8/2002 11:07:14 AM
From: Ed Huang  Read Replies (1) of 3105
 
Hi Tom, LU is making a good move these days after it made a triple bottom two weeks ago. You got a good trade. The general market is pushed up by a series of news of economics recovery lately. The question in investors' mind could be how high the market can go this time. The market may still move up higher. But it's reasonable to assume that investors would be much more cautious this time and will not chase stocks at any price or any P/E like they did two years ago, at least not likely to repeat that kind of behavior in the near future.

Will take a look at the stocks you mention.

Good trading.
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