Larry, Mae culpa, out at $110 as noted here few days back. My target was between $110 to $120 (I think that I also said probably smack in the middle, thus so far I missed the top by a good 5%), but I was not going to wait for the last $5 or $10 bucks with the rest of the market so iffy (that was a good call <VBG>). So, like HAL, the turnips never hit the top right, nor the bottom right, but they try and stay as long as possible with the trend, in MU's case, that was almost a double bagger (not quite), yet quite profitable.
Now, if I had the gonads (and the right type of account) I should short this one once it breaks under $97, but I will leave that to the professional bears amongst us.
Zeev
PS, day 10 and counting, short should start and lay out their puts IMHO. |