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

To: Ian@SI who wrote (16034)9/12/2000 5:55:28 PM
From: EL KABONG!!!  Read Replies (1) | Respond to of 21876
 
Ian,

Sorry, but I'm very strictly a fundamentals guy. TA is like orange smoke and black magic to me. You might check out the Piffer thread though. The folks that hang out there are pretty fair TA types. Best wishes, and I sincerely hope you're wrong about LU at 30. <g>

KJC



To: Ian@SI who wrote (16034)9/12/2000 6:13:04 PM
From: Gottfried  Respond to of 21876
 
Ian, this amateur agrees. Further, I think failure to hold 40 contributed to today's steep drop. I was hoping for a triple bottom at 40 myself. Another way of looking at it: almost everyone who bought [and held] in the last 2 years has a loss now. Those with the smallest loss bought near 40
just recently. Some of those will 'get out even' by selling
when 40 is reached again, thus making it harder to rise
above 40.

finance.yahoo.com

Gottfried


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