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

To: J. P. who wrote (3385)	7/30/1998 6:23:00 AM
From: Robert E. Bruss	Respond to of 21876

"We seem to be hitting the lower Bollinger Band, and I am by no stretch a TA, but as a quick and dirty analysis it usually works. Even if we break through it, it'll probably only be a short lived condition. I'd buy at any price below the lower Bollinger Band. (Not that I'm going to until I detect the market in general is on an uptrend, and I'm hoping it's not for a while, we need to flush all this 'easy' money out of the market, so we can start the process all over again!)" ========================== Seems likely the market will head up for a few days. Japan, HK (!), OZ, Yurp all up this am. SP up around 4 pts early. As I write this anyway... It'll be interesting to see if LU bounces much this time up and even more interesting to see what happens on the next downturn. I'm not sure going long at this time is worth the risk. Maybe next time. We'll see.