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Technology Stocks : Micron Only Forum
MU 234.19-2.2%Dec 3 3:59 PM EST

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To: Callisto who wrote (31009)3/22/1998 7:17:00 PM
From: Amjad  Read Replies (2) of 53903
 
RE: ATTENTION ALL SHORT SELLERS

Something is not right about attempting to influence the market in response to what you preceive as others doing the same. Regardless where you start to cover your shorts, the price will start to stabilize around that point.

Personally, I think MU will slip and slide to around 29-28, then stabilize a little to slip further. I have a model that tells me that the support is at 24-25, could go as low as 22 or even 20.

Regardless, greed is not good; and a bird in the hand is better than 10 on the tree.
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