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Technology Stocks : Micron Only Forum

MU 230.24

+2.5%

Nov 26 3:59 PM EST

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To: yard_man who wrote (29009)	2/25/1998 4:20:00 PM
From: DavidG	Read Replies (2) of 53903

Barry, Average holding Period = 4hours Holding period Range = 15 minutes to over a day Hit correct direction >80% Always long equities as opposed to call options Always In the money Puts rather than short positions Currently no Long Positions High PUT position MUPGs Purchased between 3 1/4 to 4 3/8 for avg of 3 3/4... length of time for holding these. Right now too long. Started buying yesterday and up to close today. Will probably be out as quick as tomorrow morning to as late as Friday. Many times I trade long positions while holding PUTS. I have lost on PUTs before but less frequently lose on Long positions. MY losses usually occur when MU breaks support or resistance levels. It is very tricky on handling these transitions...but while MU is within a trading range I just clean up every time. Good Luck Trading DavidG

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