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Technology Stocks : Micron Only Forum

MU 207.36

+3.0%

3:59 PM EST

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To: TREND1 who wrote (31471)	3/31/1998 11:03:00 AM
From: DavidG	of 53903

Larry, I am not sure I understand your subchannels...but your idea is something like Bollinger bands.<g> So far MU is resisting a violation of 28 so we are still in the 28 to 30 1/4 narrow trading range. I see the highest option interest in the 30 area which is consistent with the current trading range. With all the negative news coming out on MU lately, it is not effecting the stock price. This is usually indicative of an oversold stock Also, I wish you would have a talk with DJ...He seems to be posting more than usual amount of bearish news...I believe he is letting his biases affect his postings.<vbg>...God, even MB is supporting him.<g> Good Luck Trading DavidG

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