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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: ratan lal who wrote (31638)4/2/1998 9:20:00 AM
From: DavidG  Read Replies (1) of 53903
 
Ratan,

It was a joke. Stochastics shows extremely oversold condition, but Positive momentum extremely high...level of 100 car freight train status.<g>

I am short a bit and may short some more up to 33 which should be resistance. After that I am out again and will wait for some other indication.

MU sitting on 25day ma and a little more than a point UNDER 50d ma and about 2points under 200day ma.

Good Luck Trading

DavidG
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