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Technology Stocks : Micron Only Forum

MU 236.03

-1.4%

11:00 AM EST

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To: TREND1 who wrote (16858)	7/22/1997 10:36:00 AM
From: TREND1	of 53903

TA update. First let me say that I can not predict what MU will do, except within "probabilities". Since the high of 49 15/16, this is the first attempt to turn up. SOX has a buy on the 5 minute chart and so does MU. MU is going up to test about 46 1/2. Right now the odds are still that MU is heading for it's 50 DMA which is around 41. At this moment there is no reason (probabilitiy wise) to start a long or short position in MU. A "quick" short may be possible depending how MU trades off the 46 1/2 area later today. Comments ? Larry Dudash

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