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OklaBoston (59.13)

June 2009



LZB's performance today (June 16, 2009)

June 16, 2009 – Comments (2)

The way this stock absolutely demolished a resistance line today sets it up to be hit by profit-taking in the next week or two, possibly even shorting by short-term oriented players who pay to much attention to so-called "overbought/oversold" indicators. But genuinly long-term oriented investors should ignore that crap. I wouldn't be surprised if I ended up getting 100 points or more out of the "Outperform" pick I entered today.

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