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


To: Haim R. Branisteanu who wrote (6103)2/8/1999 9:32:00 AM
From: X Y Zebra  Read Replies (2) | Respond to of 21876
 
My strategy is a bit different as I use covered calls (which I covered recently... thank you very much, hehehehe). Meaning the calls I sold earlier.

My opinion is that the overall market is a bit shaky, the P & F crowd seem to be rather negative, but on that one I am a greenie, so I can not give an opinion.

Putting my ear to the ground... I hear some rumbling.

It seems this AM there may be a rally, so perhaps one to use the enthusiasm and take a break.

I continue to like LU long term, but given the restlessness of thr tribes, it may be a good time to let them borrow my shares, and then come back when Mr. Market has gone through one of their PMS-schizophrenia periods.

Once their dose of Zolof or Prozac is satisfied, I may return to get Lucy at a somehow .... how you say ? "lower prices" after the hysteria.

So to answer your question, I will let the market tell me....

And don't forget, just my opinion, and I may be worng.