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Technology Stocks : Micron Only Forum

MU 248.54

+10.1%

Dec 18 3:59 PM EST

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To: Thomas G. Busillo who wrote (34872)	6/13/1998 3:46:00 PM
From: TREND1	Read Replies (2) of 53903

Tom (1) Look at band chart on my web site of MU. (2) Every stock or Index has it's own bands. (3) In the case of MU the 35% band around the 50DMA seems to work. Notice the short at 39 !!! Notice how the second try at 22 back on dec 1997 indicated some thing was wrong and MU was having trouble going down at that time. (4) Bollinger bands constantly change distance between moving average and band....I no longer use bollinger. (5) Please note that MU at 18 3/8 is a moving target and I am not predicting 18 3/8 ... (6) What I am saying is ...if MU traded at 18 3/8 on this coming Monday....that a long term call might be worth the risk....just like a long term put was good at 39. (7) Again, my method of trading is to know at what MU numbers I should be doing some thing and what that some thing is on a probability basis. (8) Smart people like Skeeter know where MU is going, dumb people like me just know how to react when MU does what MU decides to do (g) (9) MU monthly trend is down. MU daily trend is down. MU will open for trading on Monday(g) Larry Dudash

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