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Technology Stocks : Micron Only Forum

MU 410.35

+10.0%

Feb 11 3:59 PM EST

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To: DavidG who wrote (32697)	5/1/1998 4:45:00 PM
From: Wayners	Read Replies (1) of 53903

The uptick rule has helped me more than once as well. I wish they had a downtick rule on buys <g> . I think MU will make it near $35 over next 2 weeks. I base this mostly on the uptrend. Those higher lows near $28 and $30 makes me think its going to get past resistance at $32.50 to $33.00. At that point resistance is $35, or therabouts. I haven't checked out the SOXX. Of course there's no fundamental reason behind such a move--all technicals. I guess some people figure all the bad news must already be out of the bag so I'm buying MU today. I guess other people, myself included, look at a price chart and say, it looks like MU is going up so I will buy it today. I'm only looking for $0.50 on a $33 or under stock, ONCE per day (roughly 2%). That's enough for me.

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