Chas,
thanks for the spot price info.
as for MU direction, your guess could be better than, or at least as good as, mine. anyway, with the expiration and earning ahead of us, my guess MU could be traded at 70-85 range before earning report. after that, all depend on what MU will say about their outlook and how the street analysts will spin them. other things are what Intel will say on their report day, and 'course the overall market direction.
i am a little confused with the current PC market, e.g. IM, TECD and those electronic (pc) retailers' stocks went down so much, implying we have trouble in pc sales, but on other hand, DRAM (spot)prices have been going up like crazy, meaning pc sales are good. i guess we will know what is happening in a moon or so.
good trading |
