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Technology Stocks : Micron Only Forum

MU 241.14

-6.7%

Dec 12 9:30 AM EST

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To: DavidG who wrote (31353)	3/27/1998 2:27:00 PM
From: Patrick Koehler	of 53903

DavidG - the computer isn't giving good signals right now. In an upward channel, buy signals are much better than the sell signals. In a downward channel, as MU is in now, sell signals are much better than buy signals. There has been no clear sell signal in the past 10 days, and has had 4 buy signals that wouldn't have paid to buy. I lost over a point on my last buy. So.... I'm just going for the downward channel movement, and bought puts to hold for a week or so. Patrick

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