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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: Judy who wrote (14002)	11/11/1997 6:53:00 PM
From: MonsieurGonzo	Read Replies (1) \| Respond to of 50167

Hi, Judy LU is difficult for me to read, but it appears that test of support at around 77-1/2 now appears likely. On LU's weekly chart, she made a Doji Evening Star last week (bearish) and I'm beginning to think that she could go on down to 60~65. Yes, the volume was light, at first - then it picked up as the selling became relentless. And everyone is on pins and needles waiting for the FED to help feed capital back into equities, for sure. Today, the big thing (I think) was massive PUT buying when the DOW approached 7600 (twice). -Steve