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Technology Stocks : Micron Only Forum

MU 414.88

-4.8%

Jan 30 9:30 AM EST

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To: Patrick Koehler who wrote (32500)	4/24/1998 1:49:00 PM
From: DavidG	Read Replies (2) of 53903

Pat, All I can say about the disappearing MU stock is watch the volume change carefully. If there is activity while the imbalances occurs then usually you can trust the number...BUT...when there is extreme imbalances and there is little or no volume change, don't trust the numbers. The numbers can be true, but may not be, so don't act on it. After a few trades it clears out. I am getting concerned about MU direction for the next 3 weeks. Which direction are you concerned with?<g> I am long right now. Still see a base at 28-30...but what is interesting today is that the market is down and yet MU is up...BTW MU does not have to drop below 30 to continue its move back up. Good Luck Trading DavidG

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