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Strategies & Market Trends : Point and Figure Charting
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To: The Perfect Hedge who wrote (9955)11/20/1998 2:58:00 PM
From: Judy  Read Replies (2) of 34804
 
Glenn,

I hope Mike B makes $$$$ on this puts. The price of dram has firmed and risen, so it is natural that the Koreans will ramp up DRAM sales to profit and buffer up their ailing economy.

Please alert us when Mike actually buys the puts, and I shall apply my usual trailing stop gains. Recall Mike provided a valid critique of INTC's balance sheets ... and the stock has gone up 25 points since. Nay sayers have been standing getting ready for weeks now to put the semis and semi equip sector while these sectors have doubled in price.
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