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Technology Stocks : Micron Only Forum
MU 312.05-1.0%3:52 PM EST

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To: Trey McAtee who wrote (5447)12/6/1996 7:27:00 AM
From: Grim Reaper   of 53903
 
GREENSPAN has spoken... Don't fight the FED

Reduce all margin to zero today.. bnd mkts getting killed,foreign equities down..

Today is a possible turning pt....sell profitable positions and deep in the money calls on all equities...

unemployment data coming out at 9.30 may help or exacertabate sit...

use some profits to purchase puts on high prices stocks like USRX,INTC and yes IBM, out of chaos comes opport

I repeat today POSSIBLE turning pt ....good trading today to all ..

you won't be bored today....

There is no more powerful man in the financial mkts around the world than Greenspan so don't be a hero on a selloff...but don't sell everything....eliminate margin....
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