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Technology Stocks : Micron Only Forum
MU 237.01-3.2%Nov 13 3:59 PM EST

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To: Land_Lubber who wrote (48472)9/21/1999 10:24:00 AM
From: John Graybill  Read Replies (2) of 53903
 
Looks like They got the early mo-mo folks who were so happy to get in at the open, but it also looks like the safe short opportunity has come and gone. (I missed it -- after the first rush to 80+, I put in an order to short at 80 on a "last gasp", and we went straight down instead.)

I'd guess that we've seen our range for the day, given that they aren't in the habit of giving the early screw-ee's a chance to get out. 78+ is close enough to my trendline that I think it's safer to go long here than short for Scenario purposes. A decent number of big blocks are changing hands here in a tight range over the past half hour or so, and in an uptrend that usually portends a rise.
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