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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?


To: James Strauss who wrote (9510)8/24/2001 1:58:06 PM
From: James Strauss  Read Replies (1) | Respond to of 13094
 
LU... A Turnaround?
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Fundamentally, all the bad news is known about LU... Recently, there has been some good news...

1. Oversubscribed convertible securities offering... Investors have confidence in the viability of LU long term prospects...
2. Sale of optical plants...
3. Bank approval of restructuring plan... (They're not going out of business)...
4. Market leader in optics...

Technically, the stock has held support in the 6.00 area and is now starting to move up...
stockcharts.com[m,a]daclyymy[pc13!d20,2!i!a6][vc60][iLc20!La12,26,9!Lw25!Lk14!Lf!Ld20!Lg!Lp14,3,3]

Look for tests in the 8.00, 10.00, and 12.00 areas...

Jim



To: James Strauss who wrote (9510)8/24/2001 3:34:54 PM
From: Bucky Katt  Read Replies (1) | Respond to of 13094
 
Jim, don't forget MED, mentioned yesterday, up another 56%....>sweet<
It had a huge range today.
Now we have a 100%+ 11 day dinger return in it, not too bad in this market...

What do you think of SLTI? I have become a fan of it..

BTW, that trend works both ways, as we know...