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Technology Stocks : Micron Only Forum

MU 237.16

+4.6%

3:59 PM EST

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To: TREND1 who wrote (30071)	3/13/1998 10:52:00 AM
From: DavidG	Read Replies (2) of 53903

Larry, It looks like your down channel is in tact. That 35 was a game by specialists to con traders into thinking MU was going to break resistance. Remember yesterday was 34 13/16 to 7/8. I think we have seen the high for the time being... now to test the low end of your up channed which is 33 5/8. Any rally (maybe to 34 5/8)is time to short with a cover around 34. As far as support...I do not see 33 being taken out until Tuesday...if a disappointment occurs. I do not know what the "forever bears are going to do b/c no matter how bad the numbers are it will not be a disappointment to them.<g> Good Luck Trading DavidG

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