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Technology Stocks : Micron Only Forum
MU 229.33+2.1%10:32 AM EST

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To: Richard Russell who wrote (29627)3/6/1998 7:59:00 PM
From: DavidG  Read Replies (4) of 53903
 
RR

You know that only means the market will be going to new highs 100+ dow & at least another 30+ for the naz on mon.. Don't you watch cnbc? RR

There are only three stocks I will have any interest in on Monday, and I will guess that all three will be down.<g>

That's right MU, INTC, and CPQ...and I will be buying all three at the open.

MU will probably open around 33 again and I will buy a portion, and sell all the PUTs that I have. If it drops More I will buy more down to 30...and from there trade it. If it breaks 30 then I played it wrong, and will think about selling it all, but I don't think it will happen.

INTC will be interesting. I say it will open lower than yesterday.Yesterday I bought at open at 75 1/16 and a few times during yesterday. Closed out today at 77 3/8. I expect on Monday it opens closer to 70-72 and I will be buying again.

Compaq I am not sure about, but expect an open around 22-24. At the open I will be buying maybe 1/3 of an amount to see if there is more drop to it.

Except for my MU PUTS I only have cash in my trading account and I am just itching to buy.<vbg>

Good Luck Trading

David
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