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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: Stephen M. DeMoss who wrote (29603)3/6/1998 3:14:00 PM
From: DavidG  Read Replies (2) of 53903
 
Stephen,

I am not a MU bear...or a bull for that matter. I just like trading it. I do not believe right now it is a long term investment...but then I do not believe, as some, that it is a loser either.

Just pay a little attention to the fundamentals and a lot of attention to the charts and you should do just fine over the long term.

MU is still running into resistance at 35 7/8 so buy Puts and ride it down. Sell half around 34 1/2 and the rest around 33 1/4. Then go long. Until things change that is the game.

Good Luck Trading

DavidG
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