Lucent Technologies (LU) Message Board

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Technology Stocks : Lucent Technologies (LU)

LU 2.555

-0.6%

9:54 AM EST

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To: William H Huebl who wrote (21519)	1/28/2004 10:04:45 PM
From: stock bull	Read Replies (1) of 21876

I am very familiar with stock market timing indications...indicators for stocks and the markets. All I can say is...good luck. After all is said and done, all the indicators try to forecast the future. Forecasting is often right and wrong. It's not an exact science. If anyone had a forecasting model that really worked, they would be the richest person on this planet. I am in the camp that says the markets will have a 5 to 15% correction. This is not based on any forecasting model, just based on the fact that we have had a major run up without any meaningful correction. Keep your eye on the fifty day moving average.

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