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Technology Stocks : Micron Only Forum
MU 362.75+7.8%Jan 16 9:30 AM EST

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To: TREND1 who wrote (33249)5/13/1998 1:29:00 AM
From: VLAD  Read Replies (3) of 53903
 
<<The MU UP CHANNEL can not be drawn until a new bottom is in place>>

We can translate this statement to read: We can not continue to draw an up channel because it is time to draw a new down channel. Larry, when will you draw a new down channel chart? With earnings due in a month, I expect the longs to start dumping their shares and hopefully the shorts wont find the need to cover immediately.
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