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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: arnold silver who wrote (18868)	2/15/2000 9:32:00 PM
From: Ken W	Respond to of 29382

Arnie: Pring said in his book on TA that "all gaps will be filled" 207.61.23.98 When the market overreacted to LU it created a huge gap that still needs to be filled. I own LU too, so am a bit bias in my opinion of how the bad news was handled, both by the co. and the "market" Being objective I have to say that the 50dMA cross over of the 200dMA is not a good sign. The 13dEMA is way to steep to the down side. I'm going to hold the stock as it is in the bride's IRA anyway. My current cost is 60 so I'll be looking for a bottom to average if it goes down further. Someday the gap will be filled and she will be all the better for it!!! Ken