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To: jim m. who wrote (11284)12/12/1997 5:12:00 PM
From: Joan Osland Graffius  Respond to of 18056
 
jim, Re: LU

As far as fundamentals are concerned the stock is in the right sector to short. IMO the sector is in a bear market and no matter how good the company is they are not allowed to print dollars.<ggg>

I have not shorted it yet, but I am getting ready. I am going to watch its behavior here at the 150 day moving average. BTW, IMO if this sector is in trouble support does not mean anything.<ggg>

BTW, NT is getting sloppy here. I will wait until the 150 day MA flattens or it goes bust.

Joan