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


To: Judy who wrote (14010)11/11/1997 7:39:00 PM
From: Nancy  Respond to of 50167
 
Judy,

sent you and Michael 2 newsletters on market view - they use different approach but arrive same conclusion. check your e-mail.



To: Judy who wrote (14010)11/11/1997 9:32:00 PM
From: Autumn Henry  Respond to of 50167
 
Also I know someone who works for LU and they said a big wig told them just a few days ago the stock was going to split at some high point (but at this point maybe companies don't split when they go lower or doesn't that matter?)---don't know how that aspect works whether it is a number or schedule for splits. I heard the same thing as Nancy.

Autumn



To: Judy who wrote (14010)11/12/1997 5:04:00 PM
From: MonsieurGonzo  Read Replies (1) | Respond to of 50167
 
Hi, Judy

Lu's right at the bottom of the trading range she created at the beginning of July, as of today's close. The crash took her down to that 70~75 level, else next support looks like ~60; so I agree completely with your read of LU. Thanks for your help.

No, Judy - I do not use fibonnaci retracements. I draw trend lines and support levels (on charts that I capture from the web) with a ruler; and recently I've become enamoured with Japanese Candlesticks. I tend to focus on a few issues and trade them over and over, keeping profits (when they occur) as investment positions. Only this year have I begun to use options.

RMBS... well, 43 looks like a good entry point {grin} but after that, it looks like the next area is that trading range, 27~35 ? (not really familiar with him, Judy).

Paris - the market opens at 15.30 in Paris and closes at 22.00 CET. I usually get up between 10.00 and noon, have lunch at the Cherchez Midi or Vieux-Colombier caf‚, and jack in to le r‚seau about 15.00 or so. Where do you live, Judy ?

TXN has my attention right now; comments appreciated.

-Steve