Lucent Technologies (LU) Message Board

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Technology Stocks : Lucent Technologies (LU)

LU 2.650

-2.9%

Nov 14 9:30 AM EST

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To: JimieA who wrote (21288)	6/4/2003 3:14:21 PM
From: Jim Roof	Read Replies (1) of 21876

It does not matter where the selling pressure comes from. If LU holds 2.00 then it's trend looks bullish. Lots of people sold at 2.00 and they feel like they may have missed the boat, or maybe they want back in for another short term long position. As long as LU shares get absorbed by new hands and 2.00 holds strong then its undoubtedly bullish from a technical standpoint.

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