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Non-Tech : Invest / LTD

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To: Lucretius who wrote (82)5/5/1998 4:40:00 PM
From: Thean  Read Replies (1) of 14427
 
LT - I don't think I'm alone in my assessment of MU (third read)

Again MU tried to break through $32 and close above $32. It closed right at $32. Today is the second day. If tomorrow it still can't close above $32, your shorts may start to pay divident. If it convincingly shoots past $32 tomorrow and closes say between $32.5 - $33, then short term your short is going to suffer, not just dead money!

Intraday chart here:
wysiwyg://54/http://www.iqc.com/chart/default.asp?period=120&time=5m&chart=candle&chart1=bb&volume=y&stochastics=y&symbol=mu
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