SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Lucent Technologies (LU)
LU 2.710+1.7%Jan 22 3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Anonymous who wrote (3353)7/29/1998 7:15:00 AM
From: elepet  Read Replies (1) of 21876
 
YES! absolutely correct.(IMHO)This is when I started trading stocks...when I noticed last year how much at the mercy of the"market" my 401K money was. One can, if one is very sharp, actually play the market within the 401 K..as soon as slide begins,(which is usually when that fund is at it's highest). take money out of funds & transfer to the MM account within the 401 plan. I'm trying to learn how to do this, with not much success so far. Difficult..usually people pull out too late. A certain inertia sets in, reinforced by the experts advice to ride the waves with them. And playing the funds is especially discouraged by them.
About LU. I got out last week at 104 1/2 & have been watching for a reentry point. Bought a few shares yesterday at 92 3/8. Noticed after hours jump to 96 1/4 at 16:44. But by 17:01 it was back down to 92 5/16. If pattern follows past few days, it will go up to 95 & then back down..lower perhaps. I also put some IRA money in Fid. Developing Communications, which was down, figuring it would bounce back soon. Now I'm wondering.
It seems as though day trading & shorting is the way to go in this sort of market. Other than putting money in the bank. Opinion please? Thanks.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News