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Technology Stocks : Micron Only Forum

MU 253.17

+6.4%

3:59 PM EST

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To: Land_Lubber who wrote (51086)	4/6/2000 5:14:00 PM
From: jimbo	Read Replies (2) of 53903

Land_Lubber: What I thought was a very positive sign is the apparent strength of MU in the face of the terrific downdraft on Tuesday. Obviously it rebounded quite well on Wednesday, recovering from Monday & Tuesday and adding some. I bought 20 April 145 calls on Monday & 40 more on Tuesday. Like I mentioned earlier, I have now averaged down to $2.125 for the 80 I own. In viewing the Stochastics it would appear to be saying the current trend is higher. Additionally, the MACD trendline appears to have formed a bottom and is now trending up to a convergence. I'm just trying to assess my risks as I have a lot of money on the line with time running out.... Thanks, Jimbo

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