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Technology Stocks : Lucent Technologies (LU)

LU 2.500

-0.8%

Nov 28 9:30 AM EST

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To: Ted Downs who wrote (5125)	12/7/1998 1:25:00 PM
From: Haim R. Branisteanu	Read Replies (1) of 21876

Ted, yes I like to trade but not several time a day, the issue is that a too volatile stock is not worth it. Just follow LU intraday chart wen buyers are not around the stock can plunge $1 to $2 without any warning. For me that is $1000 to $2000 which I would not like to loose just because of a blip. Same happened to the internuts, if you were on the right side of the trade you made nicely otherwise you lost. I think it has more to do with the style and anticipation of each person. As to NT it also moves unpredictable up or down, I assume because it is traded in Canada to and there is arbitrage. See the charts of SLB, SII, and GLM which I picked with my scanning software,and posted on SI Friday, relative smooth movements no impulses up or down. For whatever reason feel more comfortable with those stocks. BWDIK Haim

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