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Technology Stocks : Micron Only Forum
MU 284.79-0.7%Dec 26 9:30 AM EST

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To: JF2155 who wrote (39134)9/26/1998 5:16:00 PM
From: DavidG  Read Replies (1) of 53903
 
Jim,

When I don't know what is going on I stay flat at the end of the day.<g> I learned a long time ago that if I follow this philosophy I can sleep better at night and lose a lot less money on Monday mornings.<vbg>

If you look back on the last 2 months you might find on average it was better to go into a new trading day with cash than a partial or full position. Now I do carry some positions overnight ...but weekends... I am a little uneasy about it.

As far as Monday goes I suspect an up morning for MU since INTC chose to make "no comment" on Friday evening as opposed to refuting the rumor...hmmmm....maybe something IS up.<g>

MB's cycnism rings true for MU. Again a few days before earnings comes out. MU rumors boosts the stock and takes the focus off the real issues.<g> MU seems to have more tricks up its sleeve than a magician has rabbits in his hat.<vbg>

Just enjoy the volatility...go with the trend...and...DO NOT GET GREEDY.

DavidG
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