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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Eddie Kim who wrote (14904)8/24/1998 10:51:00 AM
From: Chris  Respond to of 42787
 
for intraday daytrading, yes.

for larger picture, currently, lu is in a downtrend, but it's ready to break to the upside soon (if this mkt goes up that is)

85-86 is good support at 50 day ema



To: Eddie Kim who wrote (14904)8/24/1998 11:02:00 AM
From: Traidor Coss  Respond to of 42787
 
You must remember the way the street views LU, AOL, AMZN, etc. They either love or hate them. Remember when AOL was at 78 and then it was downgraded. The stock went to 140 in weeks. It was hated, then loved. Same with LU. Picking the bottom is hard but when it becomes a street darling again, I bet it makes new highs. Wait to buy it closer to earnings. You might miss a few points but who cares. Only buy or short it when it is loved or hated.


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