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

To: Jesica Dawnet who wrote (20531)7/18/2002 2:19:18 PM
From: sylvester80  Read Replies (1) | Respond to of 21876
 
Come on! Up 120% from 1.36 to 2.95 and you don't see why is dropping? Just look at the fibonacci retracements and you'll be fine. ALl we need is a nice retracement off one of those and we are heading for new highs. So relax.



To: Jesica Dawnet who wrote (20531)7/18/2002 4:44:57 PM
From: Marc Hyman  Read Replies (2) | Respond to of 21876
 
I still don't see why this stock price is dropping.

If you bought 10,000 share a week or two ago at $1.50 or so per share wouldn't you be willing to sell when your $15,000 investment was worth over $25,000? I would. Wish I did!

If enough people feel that way there is downward pressure on the stock.

Besides, has anyone really figured out why the stock rose as much as it did the past few weeks?

// marc


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