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

To: Sonki who wrote (16080)	9/30/1998 12:14:00 PM
From: Judy	Respond to of 42787

Sonki, LU's earnings this quarter means squat, the market is focusing on forward guidance and whether telecom will slowdown in next two quarters and LU's acquisition which will for sure impact the bottom line. I've posted that LU was a positional short for months now, and long trades are only for the flux. There should be technical buying at the 200-day ema for LU to retrace, but no idea what other type of news may come out, your decision what to do. But in general stocks come to me at my levels, just a matter of time. LU could possibly see 50's ... witness ALA and TLAB.