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


To: X Y Zebra who wrote (5366)1/5/1999 2:41:00 PM
From: Rainy_Day_Woman  Read Replies (1) | Respond to of 21876
 
(and the dark suckers, as consolation prizes to the losers.)

i'm still cracking up over the dark suckers

what style Z !!!!

hahahahaha

la zorra



To: X Y Zebra who wrote (5366)1/6/1999 2:00:00 AM
From: Ibexx  Read Replies (1) | Respond to of 21876
 
Thread,

The following is from Option Investor newsletter:

LU $114.13 -.06(+4.19) LU took off on Monday with a gain of $4.25.
LU traded as high as $115.44 on Tuesday, but tailed off to about
even on the day. LU has been selected to provide call center
technical consulting and integration support for the IRS PRIME
Integration Services contract awarded last month to the CSC PRIME
Alliance team. As a member of the CSC team, LU and its NetCare
Professional Services organization will provide technical
consulting and integration support for IRS call center applications.
LU has earnings this month and a shareholders meeting next month.
A split could be announced at either. LU should see an earnings run
start real soon.


Ibexx

PS: Please read at your own risk.



To: X Y Zebra who wrote (5366)1/8/1999 11:41:00 AM
From: X Y Zebra  Read Replies (1) | Respond to of 21876
 
Looking at price action in the last three days or so... Are we finding sellers at $120.00 ?

Why ?

Looking at these indicators: (Modern Era Voodoo).

On Candle Charts : is LU forming an "Upthrust Top" (where market tries to go through a specific level (120), and then retreats... sometimes considerable.

Supported by:

MACD beginning to look a bit topsy.

ADX still rising (maintaining current trend), but above its 40 level, a downturn here could represent a possible change of trend .

90 Day MA sitting at 90.5 which seems to be first line of support. (that is a 27 point fall from 117.5, where LU is at this moment....)

Overall market seems to have more power yet, but seems to be running out of fuel ?

News out of Brazil not too good.... Market ignores ? hmmmm. On the other hand this could actually turn to be good news as it w

___________

Long term I am o.k. LU will continue to power on up, (My Opinion).

But Short term is it taking a breather? Making me a tad nervous, maybe it's the lack of oxygen ?

At this level, taking a bit off the table wise ....

________________

Comments please? Looking for other views.

I will be back later.

TIA

p.s. I never give advice.... not capable and I have no PHD either.

Besdides, I would not trust my own.....