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


To: HiSpeed who wrote (4710)10/18/1998 2:09:00 PM
From: Captain Jack  Read Replies (1) | Respond to of 21876
 
HiSpeed --- I think the resistanse is huge @ 85,,, but a ton of Nervous Nellies just under 81. IMO we will see some big profit taking as early as Mon. Also believing I will be able to buy at 63 - 65 before it gets to 77. The prevous 70 level came easy actually and my GUESS is based on profit taking not hao LU should act. Buckets of shares were bought between 54 - 57. Most of those were not biught as a hold forever investment IMO. Most of what I bought there is already gone and the last will go @ 74 range if it gets that high before a pull back. I do not disagree with you but things have been shitty mkt wide and there will be some profits taken from the table. i also think they may get carried away a tiny bit.