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Technology Stocks : MICRON TA ONLY
MU 381.59+0.5%2:40 PM EST
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To: TREND1 who wrote (16)10/30/1998 3:05:00 PM
From: surfinSteve   of 214
 
Who know what anyone knows? The nose knows, that's who ;-) ...But seriously, this afternoon MU failed to rally as the SOX continued to rise. Even that huge block buy failed to provide meaningful upward movement. That caused me great concern and so I sold my long position, and am now only holding the puts that I bought as a hedge. I am waiting for the right reentry point, but with the SOX below 262, I fear we may have more of a tumble coming.
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