<<Looks like an almost flat bottom of the Max-Pain trough between 70 and 75. Wouldn't it be a pistol if LU closed out at $72.5 on June 19th?>>
Yes, Ben; you'll have to post a link back here on the 19th for a compare.
Seems like the threads I follow are really noisy when there's either panic or elation. That's OK; makes for interesting reading. The stocks that "just" keep going along with steady, solid performance get less thread action. One example is the Ericy thread. Nothing earth shattering; just a nice stable rise in the share price. I think LU, even with all that's happening in it's business and technical world, may have become one of those, "I don't have to worry at all about this money machine"-type stocks. When something "unusual" happens, like an acquisition or split or earnings or ..., then the board will come alive. The momentum crowd seems to pass through every once in a while, too.
I'm drifting OT but this reminds me of a quite wealthy investor I know who told me about how he observes so many people in the market who want "ACTION!!!. They're in and out, switching holdings, salivating for tips and news. They get real itchy if there isn't some real action going on with their stocks; up big, down big, no matter. OK; to each their own. But, he observed, the people he knew who had built up real wealth were almost always the ones who bought top notch companies and glanced at the price when they got their monthly broker statements. They weren't thinking so much about what the stock did that week as what it was going to do over the next 3, 5, 10 years. I put LU in this group. (But I enjoy the thread discussion, just as you do.)
Regards. I hope you have a nice weekend. ...Tim
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