Technical analysis for shorts & longs Message Board

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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: jz who wrote (15924)	5/10/1998 3:09:00 PM
From: Clint E.	Read Replies (1) of 68184

Hi John, your question on LU is a tough one. I've been in it a few times in the last 2-1/2 weeks and I know it has a problem getting thru 74-1/4 now. It is no wonder they closed it right around there. With the positive bias in tech stocks, I would like to think that it would be safe to buy LU here. Perhaps a safer approach will be to buy it when it crosses 75-1/4 on some good vol(2M) on intraday basis on Monday. TLAB maybe an easier play here: smaller float & a NAZ stock so it should move faster. Clint

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