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Strategies & Market Trends : Three Amigos Stock Thread

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To: Sergio H who wrote (10744)	11/28/1998 11:44:00 PM
From: Ken W	Read Replies (1) of 29382

Sergio, "is there any interest in stocks other than internet" A perfect lead in to LBFC, but now the stock has moved nearly a dollar from my entry point, facing strong resistance in the area of 8. I would not buy the stock at this point if I were new to the stock, however, LBFC needs to be watched over the next week for those interested. If the resistance at 8 is broken on some decent volume then 11 to 12 is the next stop. Otherwise, back to the lower 7 area as the point scalpers will come in for their profit. I bought the stock at 6 11/16. The fundies are great, thus the stock may very well trade back and forth between 7 and 8 for a while. Ken

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