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Technology Stocks : Micron Only Forum
MU 246.84+4.2%Nov 14 3:59 PM EST

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To: Land_Lubber who wrote (50308)1/13/2000 11:09:00 AM
From: John Graybill  Read Replies (1) of 53903
 
On a day like this with a nasty whipsaw in the first half hour, I can never figure out who the chumps are -- the guys who got their buy stops run at 75 right at the open, or anybody who sold into that fake collapse into 10:30 just before it ran straight up 2 points in 13 minutes.

Same rocket out of 10:30 (10:28) as yesterday, huh? You gotta be anticipating that, which, as a general principle, I hate to do, if you want to try to catch it. Even when I'm at my broker's office and can look over his shoulder, it's a race with the devil to recognize the beginning of the fake collapse and get a trade off.

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If anybody has a case for anything other than 75 for expiration, let's have it. 75 has been the price of choice the past couple of days. I'd say that the pre-expiration dump and recovery was Tuesday's low followed by that mean forced march on Wednesday, even if the numbers don't work out exactly.
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