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Strategies & Market Trends : Tech Stock Options

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To: Bart who wrote (36854)3/17/1998 11:33:00 AM
From: zx   of 58727
 
hi Bart i was just hoping to ride the momentum up.
sometimes we win. sometimes we don't.

i have some MU puts. added to them yesterday.
my thoughts on MU for the time being.
( which i posted earlier today.)
MU down 2.
MU is terribly wounded. it will not go higher until they have
a business breakthough. ie, everyone else goes out of business
or they get new products or into a new business.
the losers will sell into strengh.
the shorts will be patient. i think it will break 20 before
they turn things around. if they can.
wounded stock. this was a good trade.
lets keep it up. good luck, ag
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