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Legal and General: Traders Thread, Long or Short...WITH Graphs
Liquid Lunch - Fri, 31 Dec 04 :
As ever, interesting to hear your thoughts EJ, but Barclays recommendations to their private clients (self included) have been accurate over the last few months I've been following L&G . Also, I cann't imagine that an organisation of their calliber would publish such a report without thoroughly understanding TA!
Re your comment on needing a wedge, arguably there's one forming now. Wonder what Skyship thinks?
Although there may be some dips in the days/weeks to come, and sorry Norfolk but I really cann't see mid 90's on the cards, all the major commentators are expecting markets to rise further in the near future. Surely, as a high Beta stock the General is more likely to rise with it.
Anyway, good luck and happy new year.
LL
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