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Technology Stocks : Micron Only Forum

MU 246.84

+4.2%

Nov 14 9:30 AM EST

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To: Keith A Walker who wrote (43075)	2/17/1999 9:43:00 AM
From: John Graybill	Read Replies (2) of 53903

Keith, I myself have decided that the best overnight position in MU is not long, not even flat, but short. At best, I'll close out a short if I think I can re-enter a point or two higher in a couple of hours (my "MU flat for more than two hours is a buy" rule, for example), but I won't go long at the same time expecting that it will happen. I wrote last week that the easy money is going to be made on the downside for the forseeable future, and that's how I'll be trading. In addition to Capital Partners, I am starting to get SEC 13G filings from Fido on TXN and INTC. Big Money is starting to get out, and they have a whooole lot of stock to unload.

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