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Technology Stocks : Micron Only Forum
MU 362.75+7.8%Jan 16 9:30 AM EST

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To: TREND1 who wrote (17559)8/12/1997 2:22:00 PM
From: Peter Shaw   of 53903
 
Larry,
How was the low probability figure on Skeeter's EPS call derived by you (was it based on daily stock action?) and did the probability just leap now that street analysts are recognizing the pricing trends the Bears have been citing for some time now?
50 would represent 2/3 retracement of the latest move. A drop below that would signal a probable retest of the 45 level.
Things are getting mighty interesting again...

Cheers,

Peter Shaw
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