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Technology Stocks : Micron Only Forum

MU 276.00

-0.2%

3:50 PM EST

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To: MR. PANAMA (I am a PLAYER) who wrote (26995)	1/23/1998 8:56:00 AM
From: Thomas G. Busillo	Read Replies (1) of 53903

Bateman, if I had a better monitor, I might be tempted to visit your site, but right now it would just be a graphic exercise in frustration <g> FWIW, the WSJ had a piece on some of the European chip players in the B Sect. and executives reiterated the opinion that some recovery was likely in the 2nd half. Apparently MU is back in "flying saucer" mode (heck, even I played the long side on a day trade yesterday, so you know things are getting silly). I tend to do better calling the transition to a "pie plate". Not the greatest technician in the world, but keep an eye on 50% retracement point from high of 60 1/16 to low of 21 5/8. Without looking at the chart, I think this roughly corresponds to some static resistence. Who knows when/if it will get there? Good trading, Tom

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