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Technology Stocks : Micron Only Forum

MU 207.36

+3.0%

Nov 21 9:30 AM EST

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To: Skeeter Bug who wrote (46207)	6/10/1999 10:58:00 AM
From: DavidG	Read Replies (1) of 53903

Gee Skeeter, Maybe this is why you are always losing money on MU. Shouldn't you be buying CALLS on the way up and buying the PUTS on the way down???? Stick with the trend and he will always be your friend.:-) MU broke out above 41 so don't expect that 30 or 20's in JUNE like the "forever bears" have been calling for. I think a good time to buy PUTS might be in the 45-46 range but if we go above it then look out all the stops will be pulled out and we will be in the mid 50's to 60's very quickly. BTW I am NOT buying any PUTS or shorts here it is definitely too risky. ONLY have long position from 36-37 and holding until break in trend occurs. I have not been trading this beast, I have some others that trade a lot more predictably right now like Oil Service stocks. Good Luck Trading DavidG

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