John, I know what you mean, MU would normally pull back, it probably will, but I am trying to measure how strong the DRAM effect really is. I am getting mixed signals, but mostly continued tightness may or may not signal to the big guys to buy more. I would tend to think Mu will create a range over the next week that we can see, maybe Larry can help us with that with his charts. Normally when I can get this kind of profit this quickly, I will take it off the table, that what I have to ponder tomorrow, I have been caught holding longer lately and adding risk, and missing other opportunities. Its hard unless you are watching the market every minute. It would be great to get some new signs of strength tomorrow, then it will be easy to hold on til next week. I would love to have a run to $40, right now its just a dream. Good trading.
your comment Thanks for the info...MU appears to be due for a pull back at these levels...but I've thought that before... |