lnc sp momentum, page-2

It has been dropping on very low volume, but holding well in consolidation period. We could see some further weakness on the major indicies for a few days more, but no alarm bells just yet. The US reporting is showing some weaknesses, and the dow transports, a very important indicator of the economy, had the biggest fall of the indicies...1.62%.
Still LNC remains in an uptrend, and could even go to high 2.40s without worrying during the weak overseas trading. Trend is still up. This is just a boring consolidation period needed after the sudden rush to $3.05, and is normal market behaviour while waiting on news.