$2 is no far , page-107

Hi Bonehead,

I dont want to get into a war of words, but I am no idiot my friend. I am a Strategic Analyst by profession in IB and I get paid to make money for my clients.

My so called predictions are based on the following facts:-

1) LNC has never been a Buy and Hold stock, ppl who have been with LNC for a long time would agree that it is simply all "Speculative Buying" and "Panick Selling".

2) Can all your fundamental analysis of LNC explain the mammoth 600% rise in the SP over a period of 4 months?

3) The 600% rise in SP occurred in Waves of 3. All 3 waves arose on the back of an Announcement which was all speculation and no hard facts. The first announcement pushed the SP over the 50 day SMA, the second pushed it over the 100 day SMA and the third one over 200 day SMA.

4) When it reached the top of $3 at the end of the third wave it found resistance and it tried to break it again 3 weeks after. However it was unsuccessful this time as well. This is what formed the "Double Top" after which any chartist would tell you the only way is down.

5) Similar waves can be seen now, where the first ann pushed the price below the 50 day SMA, second one below the 100 day SMA and the third one will push it below the 200 day SMA.

6) You have to accept the fact this crazy roller coaster ride over the last 4 months was because of the Inst Investors doing all the buying and now selling. Retail investors like you and me does not push the SP up or down its these Inst Investors. All you can do is get on the ride and make the most of it untill it lasts.

And by the way I made 400% profit with LNC and got out after it formed a double top.