Legal and General: Traders Thread, Long or Short...WITH Graphs

Liquid Lunch.... the Barclays wallah has not given a recommdation. They have said that the company is trying to break 110p, if it does (and holds for 3 consecutive trading days), then target is 138p. In the meanwhile, they note 105p and 102p which are the parallels in which a short term trend has been made.

I feel that while it is succinct, it does not provide a lead. Certainly if I were an institutional investor (and let's face it, it is the institutions that dictate direction), I would infer nothing from such "research" and possibly I would question whether the analyst was up to much at all. Why say anything at all?

Sorry to piddle on enthusiasm.