Quote from lindq:
Trader/investors have been expecting more solid earnings predictions from the telecom equipment suppliers.
LU didn't provide it. They're still waffling on future earnings this year. LU, NT, etc. are long term bets.
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Rowenwood;
Can't speak on mr. Lindq last paragraph , because did not research the earnings lately;
however my NT position was smaller than usual simply because a smaller price like NT means a smaller position in my plan.
DIA, SPY & QQQ are nicely uptrending area 50 day moving average;
however NT & LU both are more risky in my read because they have closed below 50DMA.
Its a wonder i replied so fast to your post;
may take me 20 days or more.
Also glad I s-l-o-w-l-y cut my loss on DYN last year because it keeps my business expenses DOWN;
also DYN is still below 50 dma .
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Saw on History channel, General Custer, 7th cav;
[a]Should have Listened to Indian scouts;
I used to bow hunt with 1 Indian -HE WAS SKILLED.
[z]Even if the media didnt like it;
military should have used gattlin/gun.
