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Technology Stocks : Micron Only Forum

MU 237.94

-0.2%

Nov 7 9:30 AM EST

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To: Skeeter Bug who wrote (42451)	1/23/1999 11:27:00 PM
From: John O'Neill	Read Replies (1) of 53903

I also believe the market is in for a hugh correction (30% plus). I'm long heavy on a stock short term and am hedging with MU short....I know, however, that MU can go like a bullet....I cannot afford to let my short position, which significant for me, go against me very long...my avg short price is a little over $69 established Friday.... any suggestions? any TA analysis on this thread. ..I do believe we will continue with an excellent bull market after correction..I think bull will go if Y2 prob is OK...I expect panic big time as the end of the year approaches. The govt is already increasing the cash supply (money required to fill peoples pockets = ~$200 per person) from $50 billion to $250 billion just to supply the banks with enough cash for the expected withdrals. A friend of mine recently got a message that his Jan 1, 2000 leaps had expired (Etrade) and they had been transferred to his tax account. Their compputer read it as 1900 not 2000 & had them as expired 99 years ago.....I think I'll want my certificates in safe deposit before new years......

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