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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: Bipin Prasad who wrote (5736)12/10/1996 4:19:00 PM
From: William Barham   of 53903
 
To All,

Micron tanked late in the day and created another key reversal
day (after forming one last week). Technically, this looks like
a top formation and Micron will trade down from here. I am not
personally a big believer in technical analysis, but the bulls
on this thread are using technical analysis to support their
argument by stating that MU is in an uptrend. Since I trade on
fundamentals and the fundamentals for MU stink, I am holding alot
of January and April puts. Good luck to everyone on their trading.

Bill.
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