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Technology Stocks : Micron Only Forum

MU 265.94

+7.0%

3:59 PM EST

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To: TREND1 who wrote (227)	6/7/1996 5:05:00 PM
From: WHL	of 53903

Larry: Well, your MLL (Monthly Lower Low) was good for a one day visit to 29 on a strong labor report. I would have to believe that the apparent end of a several week long downdraft with what seems to be a bottom and a rally up 1 1/8 is BULLISH now not bearish. It seems that we went right through 30 and that the scenario which I described in a recent thread may be playing out just as described. If this was indeed a head and shoulders bottom- we might NEVER be back to these levels again. (See 180 day chart to see head and shoulders bottom.) Please note that an absence of any bullish opinions from brokerage houses on DRAM's and MU in particular is REQUIRED for any bottom to be real. Your friend (trying to help save your shorts), Bill Lawson

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