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Technology Stocks : Lucent Technologies (LU) -- Ignore unavailable to you. Want to Upgrade?

To: The Phoenix who wrote (9017)	8/4/1999 8:21:00 PM
From: Jorj X Mckie	Respond to of 21876

OG, LU's or CSCO's or NT's future outlook will probably not have much relevance as to the stock price in the near term. Since I last posted this, there were some minor changes on the chart. #reply-10677100 LU set a lower high and then today broke a double bottom today. This is a sell signal (using Point & Figure charting). Support is now in the $57/$58 area. The other support levels that I mentioned; $48 and $36 are still valid. Note that in that last message I pointed out that support levels would likely be more important than resistance levels. JXM