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Technology Stocks : Micron Only Forum
MU 236.550.0%10:37 AM EST

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To: TREND1 who wrote (30845)3/19/1998 3:47:00 PM
From: DavidG  Read Replies (1) of 53903
 
Larry,

Hey...I am back and short MU at 32 1/8 again...I think this is my favorite point to get in.<vbg>

I think this low volume is an indication of MU buyers holding back and looking around to see if they are UP too high. I think we may see a fall occuring from here. Monthly, weekly and now daily momentum points downward.

Not sure what you are alluding to on SOX since MU is now separated from rest of Markets...it is on its own with its earnings release.

May see another test of 31 by tomorrow and then we see if it holds or drops thru to 30 which should be a real test. I think 33 is out of the picture for a while now.

Good Luck Trading

DavidG
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