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Technology Stocks : Micron Only Forum
MU 342.62+2.8%11:40 AM EST

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To: DavidG who wrote (32905)5/5/1998 1:39:00 PM
From: Patrick Koehler  Read Replies (3) of 53903
 
David, MU is at 31 3/8 and I am guessing that it may the bottom. I am out of all puts, and covered the shorts. Now have 40 May 27.5 calls.
I may be a little early, my I want a position before the close. Cisco reports tonight, and the stochastics on a 15min bar chart (10day on Telescan) indicates oversold. I am looking for techs to be up tomorrow.
By the way, at some point Kurlak will change his position and he tends to tout at the 1st of the month +/- 7 days. Wouldn't that be a kicker to the bears.
Fundamentally, MU stinks, but I want to make money, and that is with the trend.
Patrick
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