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Technology Stocks : Semi Equipment Analysis
SOXX 314.52-0.6%Dec 11 4:00 PM EST
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To: Kirk © who wrote (64173)5/7/2014 10:46:27 AM
From: seminole1 Recommendation  Read Replies (1) of 95574
 
IMO, MU price movement is directed by the NAZ with the amplitudes of the moves determined by it's very large Beta (1.8) and good quarterly reports. DRAM prices are very hard to see compared to fighting the direction of the NAZ. DRAM price expectations are contained in the responses to quarterly reports. Cramer and his speedy TV analysis explains every move down in MU as 'must be DRAM prices'.
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