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Technology Stocks : Micron Only Forum
MU 238.36+0.4%3:59 PM EST

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To: DavidG who wrote (42163)1/13/1999 7:09:00 AM
From: Mintu Pal  Read Replies (2) of 53903
 
David:
I think MU after a little set back may (shows potential to) go higher towards all time high in the 90s. Since Intel announced of $500M investment, I am playing MU Calls 80% of the time and Puts 20% of the time. Also, I have several long from $50 in my IRA A/C, may be I should think about selling these and then get back at the first set back (may be on Friday or Monday next week).My MU strategy has given me good amount of money.

Every day MU tops the previous day's high and closes higher than the previous close, (agreed intraday some time lowers the previous day's low). It is an interesting pattern, no matter what is the reason (may be orchastrated) but the pattern tells me MU is on it's way up.

Wish you all happy trading.

Mintu Pal.
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