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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?

To: Jorj X Mckie who wrote (12427)1/6/2000 10:32:00 PM
From: Lost1  Read Replies (1) | Respond to of 63513
 
I agree about LU. I'll go one more and say it's a SCREAMING BUY!!! I don't know if it will hold above the BSL, but I have a pencil and a new BSL is in the making. We just need for it to establish some sort of base after this incident. LU will be one of the leaders going forth..NO doubt about it.



To: Jorj X Mckie who wrote (12427)1/6/2000 11:00:00 PM
From: HG  Respond to of 63513
 
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To: Jorj X Mckie who wrote (12427)1/7/2000 8:57:00 AM
From: arno  Read Replies (3) | Respond to of 63513
 
Jorj,

LU is a buy at $52 (the bullish support line on the 2pt chart).

It definitely hit support at the BSL, but as for being a buy, I'm not so sure. By the chart yes, market confidence no. LU is now tainted and all the people that got burnt will not buy it again.

There are too many other stocks out there to buy instead of LU.

arno

baddayatblackrock.com


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