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Technology Stocks : Micron Only Forum

MU 242.38

+0.5%

1:48 PM EST

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To: John Graybill who wrote (26212)	2/6/1998 2:43:00 AM
From: John Graybill	Read Replies (3) of 53903

We are at a critical point, from a charting perspective! Do we have an absolutely textbook example of "2B Failure"? Message 3085529 "previous high": 38 9/16 on Oct 13, 1997 "higher high": 38 15/16 on Feb 5, 1998 "fail to follow through": I think even DavidG and SkeeterBug can agree that this has happened "The trend is apt to reverse"! And 11.5M shares today is the "heavy volume" that confirms it. This is about as reliable a chart formation as they come. Larry, grab your logbook, I'm buying some puts tomorrow!

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