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


To: Diamond Jim who wrote (13671)2/25/2000 8:39:00 PM
From: The Phoenix  Read Replies (1) | Respond to of 21876
 
LU broke a quad top today.. this is a very good sign technically and is a strong indicator that things have turned around...that those in the know are accumulating. Ibexx noted this simply by watching the stock under accumulation. The fact that it broke such strong resistance will bring the technical traders flocking on Monday because they'll smell the money. I would be surprised to see more than 3 or 4 bucks.. but much depends on the overall market. If the DOW can keep from sliding it'll be a saweet!

OG