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Technology Stocks : MICRON TA ONLY
MU 419.69-4.1%3:59 PM EST
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To: TREND1 who wrote (100)11/4/1998 10:29:00 PM
From: DavidG  Read Replies (1) of 214
 
Larry,

That is an interesting chart. From it one can derive a peak and then a 2 week delay for the drop. Of course past performance doesn't imply future performance.<g>

IMO MU is approaching a near time top. As soon as MU shows a significant stall in its climb then that would be a good time to short...and of course according to your chart you have 2 weeks of stall for the shorts to get in place before the actual drop occurs. I would expect a drop to test 40 and possibly 36.

DavidG
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