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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 659.00+1.0%Nov 21 4:00 PM EST

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To: Johnny Canuck who wrote (15155)1/26/1998 5:06:00 PM
From: Judy  Read Replies (3) of 68187
 
Hi, Harry

You're more negative on NN than I had thought. Hmmm. Anyway, I'm in no rush to go long, we know more when it reports in Feb.

No, I did not listen to LU's conference call but the company is well-positioned to establish strategic dominance. LU will be going on the acquisition road ala CSCO to accomplish this, so for me LU is a straddle candidate until the overall market direction is clearly up. Will you take a long position in LU and if not, why not?
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