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Technology Stocks : Micron Only Forum
MU 225.72-3.0%3:59 PM EST

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To: Thomas G. Busillo who wrote (27813)2/5/1998 10:07:00 AM
From: DavidG  Read Replies (1) of 53903
 
Tom,

David, they're close w/ their stop @ 41 1/8. My theoretical peak for this run is
40 13/16.


Verrrry Inteerres-ting.

But I like 40 3/16...a gap that needs to be filled from the 3 11/16 gap down on 9-22.

I would be surprised to see 40 taken out, even 39, but the buildup in momentum on MU is unbelievable. Whatever it does, you can expect it will certainly be overdone.<g>

I am now averaging PUTS while daytrading on the long side. Next few weeks could be interesting. When it drops it will drop fast.

Good luck Trading

DavidG
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