Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Brad Bolen who wrote (37251)	2/7/1999 3:28:00 PM
From: KM	Respond to of 94695

If Lucent is in the Nasdaq, we've got a real story here.

To: Brad Bolen who wrote (37251)	2/7/1999 4:26:00 PM
From: William H Huebl	Read Replies (1) \| Respond to of 94695

B, (Thanks Trufflette... I was beginning to doubt my database...) Lucent was the (I think) Bell Labs spinoff from AT&T & Ma Bell break-off. My indicators show it as a non-trending buy at this time, shortly to become a trending buy. Longer term stochastics are bullish and my favorite 200 day MA is in a strong uptrend. I have little doubt it is a bull, at least for now. Intel, on the other hand, is very bearish. It is struggling to stay over it's 200 day MA which is in a strong downtrend. It's longer term stochastics are peaking but it IS on a buy signal. The only melodrama I can find being played out is the interest rate sonata! Will he or won't he! And when??? Bill

To: Brad Bolen who wrote (37251)	2/8/1999 9:39:00 PM
From: bobby beara	Read Replies (5) \| Respond to of 94695

Brad, LU has broken out of a picture perfect triangle, with the focal point around the July high. It has lower highs on the 20th and 28th, while the tech indexes were making higher highs. the triangle points to the 200 dma around 85. Disclaimer: I am currently short LU. Several bellwether techs have been downgraded lately IBM, INTC and have gapped down across their uptrendlines on big volume. I don't believe the current correction in the tech sector is done yet. bb