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Technology Stocks : Micron Only Forum
MU 265.92+7.0%Dec 19 9:30 AM EST

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To: Skeeter Bug who wrote (24205)11/18/1997 12:15:00 AM
From: DavidG  Read Replies (2) of 53903
 
Skeeter,

Well if its any consolation....you still have 6 weeks to improve the numbers.

MU seems to be in a near term trading range of 22 to 29 with short term probably between 24 and 27. I really doubt below 22 before earnings and even then only if earnings and/or conference call are very negative.

Maybe you might want to try and pick your exit points a little closer to these end points instead of expecting teens to exit. you may be right about the low end ...but if you are wrong you will lose all your puts. There should always be opportunties to re-enter.

Good luck trading

DavidG

PS: You did good when you exited MU at 25 3/4 and re-entered at 28+
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