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Technology Stocks : Micron Only Forum
MU 286.68+3.8%Dec 24 12:59 PM EST
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To: Estimated Prophet who wrote (38892)9/23/1998 9:56:00 AM
From: TREND1  Read Replies (1) of 53903
 
EP
You wrote
<<But how do you know in advance that SOX is going to lead MU up if you don't know in advance that SOX is going up? >>

(1) I did not know that SOX was going to bottom and start up in
mid DEC 1997.
(2) But once SOX started up. it carried MU up with it for a gain
of 77%
(3) SOX is always stronger then MU
(4) In portfolio theory, the term is "Market risk"
Larry Dudash
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