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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Ron who wrote (74263)4/5/2001 4:42:23 PM
From: el paradisio  Read Replies (1) | Respond to of 99985
 
LU has the resistance at 8 and it will test 7 again.
I think, better choice is to trade LVLT....very oversold.
It looks, there is no more money to build a new fibre and everything, what is already underground will be used.
Just a question of time...
LVLT should trade between 10-12 and resistance at 15-15 1/2.
QQQ,SPY and SMH are not bad as well...
QQQ has the resistance at 38-39 and the gap from today will be closed IMO.
I also like VTRS,MERQ,QLGC, SONS,ONIS,JNPR....I'am trying to avoid biotech.
Regards,
el