Micron Only Forum Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Micron Only Forum

MU 239.40

-0.4%

Dec 2 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: TREND1 who wrote (24999)	12/10/1997 5:03:00 PM
From: DavidG	Read Replies (1) of 53903

Larry, Just another point. I do not hold on to MU for very long...kind of like a "hot Potato". I sometimes only trade for fraction gains and may only hold on to MU for mintutes. As an example I was long MU a number of times today between 23 9/16 and 13/16. I have no long or PUT positions at end of day. I usually end the day that way. In fact I went long early this morning at 24 3/4. When MU went through 24 5/8 which was a s/t support, I was able to get out at 24 and 9/16 for a small loss. Then I got MUMEs and rode it down until MU met support and then went long. Its a lot of trading but a lot of Profits. It mainly comes from the volatility of MU and the panic and overreaction of the bulls and bears. Teach me what you know and I will try to show you my approach. I find with MU it is one of the very few stocks I can consistently beat the market. good luck trading DavidG

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next