Larry, I am waiting, and meanwhile, continue to research the 5-day seasonality thing. I've now added 2 more years, going back to last day of Dec 92. Interesting data.
The problem is, I have so much data, I tend to forget important facts like this 5 day thing. I intend to put together a reference booklet on MU for myself, to help me in future trading.
Patrick
By the way, if you bought MU at the close on 4-29 at 30.44, and set a sell stop at 5% above that (31.96), you would have had no problem, as MU went up 8% on May 1st.
Don't expect the same odds at the end of this month, however. During the past 5 years, MU was up 3 times and down 2 times for the June 1st period.
Patrick |
