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


To: ed who wrote (4591)10/8/1998 12:30:00 AM
From: Captain Jack  Read Replies (1) | Respond to of 21876
 
ed --- agreed but if it slips past 55 next support is 10 points down. Better to get out now and back in later. HK is up but Japan is losing yesterdays gains so the US mkt will follow Japan. Todays condition of the dollar just lost the last faith in the US economy. The bears can rejoice as they have just killed this bull........... thurs may be too late for any help from the FED (it will come soon though,,, but too late) to do any good. IMO it would take more than another 1/4 point this week to do any good. LU is great but cannot overcome Greenspan and the world economies.. in the 2 years you mention we may just be starting to recover if nothing is done now! Looking for a MONSOON!