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Technology Stocks : Full Disclosure Trading

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To: ALTERN8 who wrote (6246)	7/3/2003 12:12:16 PM
From: Return to Sender	Read Replies (2) of 13403

OT: I can see the market consolidating and moving higher after the fourth so a quick move above 2.40 for LU sounds good to me. But the 6 month daily chart has the upper Bollinger Band at 2.31. The bad news is that the MACD has retreated down today. The good news is that this is giving you the buying opportunity with the bad economic news. stockcharts.com[h,a]daclyyay[pb20!b50!b200!c13!c20!c50!i!d20,2!f][vc60][iUb14!La12,26,9!Lg!Li10,10!Lh5,5!Lp14,3,3!Ll14]&pref=G Ultimately I would prefer to go long on a test of the lower Bollinger Band, now at 1.86, with an RSI at or near 30, because the daily chart shows the short term moving averages turning the stock back down. That being said there are too many puts again today. The VIX is above 20. The 5 day TRIN is high enough to keep the market from really selling off here in my humble opinion. More than enough said. Sorry if I butted in where I should not have. RtS

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