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Technology Stocks : Micron Only Forum

MU 285.43

-2.5%

3:59 PM EST

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To: DavidG who wrote (34561)	6/8/1998 5:11:00 PM
From: TREND1	Read Replies (1) of 53903

David I do not know what the probability of 15 white candles in a row is ! ...................................... But...The Federal Reserve and Journal of Finance studies give a very interesting conclusion..... (1) After big drops come big rises. (2) Studies were done on a monthly close basis, so can read too much into the current situation. (3) My own studies on MU indicate a 1/2 to 2/3 retracement is likely.....but so is a 1/3 retracement... (4) Hey ! As long as very day has a new DHH...sit back and wait ! Larry Dudash

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