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


To: ed who wrote (6077)2/6/1999 1:56:00 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 21876
 
ed,
I think that you probably read more into my post than was there. I don't think that the market correction will be anywhere as near as bad as it was in August, but I believe that it will be more than 20 30pts. And I was stating the support points based on the technical analysis that I use, as information not a panic signal. If you are a mid to long term investor, I agree that a $6 drop is meaningless. LU and every other good stock out there will recover. But if you bought on margin or have February calls, it could be meaningful.

There are lots of different investing types than just the one that you practice.

JXM