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Technology Stocks : Micron Only Forum
MU 242.58+0.6%10:39 AM EST

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To: TREND1 who wrote (29139)3/1/1998 5:55:00 PM
From: Richard Russell   of 53903
 
ld,

Once again as you so often do you have set up a straw man and then knock him down showing how clever you think you are.

<<>>The market collectively understands the fundamentals better than the few here. <<
What is it with your bigot obsession to classify people by some of the post they make. Where in that statement or my disagreement with it do see the words"bull", "bear" or for that matter"mu"? I was not disagreeing with Srid because of his mu bull stance but as I so eloquently put it............

>>IMO that statement is one of the most assinine you have posted. Its been shown over and over again that the theory of an efficient market
is completely false. The market does not "understand" anything. It
reacts and responds to host of many factors and variables,fundamental,
technical, psychological, political. Forces with different agendas are
constantly working and fear and greed reign supreme. To suggest that the "market" is somehow an all knowing Poobah that has an understanding of fundamentals makes what little credibility you have on these boards, evaporate.<<

You take a part of that statement and present it as totally different from it obvious intent. If you want to attack me for my opinion fine but don't misrepresent that opinion and then attack the misrepresentation of it because it is easy to do so. I have cornered you with a number of specific questions over time and you have a penchant for either ignoring them or talking some bull bear boom boom trash to deflect your obvious inability to respond. You add plenty off good contributions to this thread but some of you shooting from the hip is both tedious and annoying.

>>The current bid and ask of MU is reality
The current bid and ask of MU is the market<<

Gee ld tell us somthing we don't already know, Has anyone disagreed with that statement? Don't think so. Then why say it?

>>RR...I just would like you to go to the NYSE floor on Monday and say:

I am RR, from the Micron BB and am willing to buy Micron stock at $19,

I think that market would laugh at you ! <<

Wake you ld the market dose'nt "laugh" it doesn't "understand", Mu does not "know" anything. It just is. It just reflects what is. I know your prospective is different seeing as you have a close personal relationship with a computer.

>>And I ask you ! What is wrong with a 77% long profit in MU ?
A 77% long profit (22 to 39) doesn't sound bad compared to a MAX 100%
profit for a bear, assuming you short MU and it goes to ZERO !<<

And I tell you nothing is wrong with a profit. Did you ever see me post that one should never go long on mu and make a profit? NO! never said that either.

To tell you the truth I don't really know what the hell you're talking about. You sound pretty dazed and confused in your rantings. Maybe it because you're short now and you're gonna have to trade bearishly for a while to make a profit with mu and I know how that F%#ks up you mind.
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