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Technology Stocks : Micron Only Forum

MU 230.24

+2.5%

Nov 26 3:59 PM EST

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To: Lucretius who wrote (36185)	7/13/1998 2:24:00 PM
From: DavidG	Read Replies (1) of 53903

LT, I thought I'd step in and take up Skeeter's flag (ggg) I thought the arguments sounded familiar.<vbg> What do you guys have against making money? That's what I want to know. You want to own a company whose stock is moving up and short it when it is moving down. The rules are very simple.<g> ...Now if in your analysis you find the stock is moving opposite to what you expected, either you are making some mistakes in your work, or else the rest of Wall Street is making a mistake ( Which can happen, but ever so infrequently). So if MU is going up 40 -50% in one month you have to rethink your fundamentals. Maybe you are using very old data, arguments, analogies, etc. These can be very costly mistakes. I know you are picking up where Skeeter left off, but I am almost 100% positive he would rather you had done it sooner rather than later so he could have saved himself some money.<g> 40 -50% gain is an awful lot of profit to miss out on b/c you are hung up on commodity sector problems. My guess is it is only going to get worse for the "forever bears" on this thread before it gets better. Good Luck Trading DavidG

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