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Technology Stocks : Micron Only Forum
MU 241.14-6.7%Dec 12 9:30 AM EST

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To: Patrick Koehler who wrote (31079)3/24/1998 9:30:00 AM
From: DavidG  Read Replies (2) of 53903
 
Patrick,

This morning I am sitting with 1/4 of a normal long position in MU with an average 30 1/8. MU looks like it is holding a trading range of 30 -33 with a test and then bounce at 29 7/8.

Yesterday I sold all my long positions at 30 1/2 from Friday at a 5/16 loss..but then traded a couple of times and came out ahead for day.

To me shorts do not look too attractive until MU reaches 31 and fails to go higher...also imo if MU drops below 29 7/8 then shorts will look attractive...otherwise I am playing trades within very tight intraday ranges which take too much time to explain.

DavidG
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