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Technology Stocks : Micron Only Forum

MU 237.16

+4.6%

Dec 5 3:59 PM EST

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To: Skeeter Bug who wrote (43506)	3/5/1999 12:42:00 PM
From: John Graybill	Read Replies (1) of 53903

The flat indexes are masking the very real deterioration that has been occuring over the past few hours. Two data points today for the NYSE A/D volume: 254M/36M = 6.5:1 344M/91M = 3.7:1 the A/D between the points was 90M/55M = 1.6:1 So I'm not just looking for the big sell sometime today, I'm expecting it, and will be looking to buy back my MU March puts (1:30 perhaps). Maybe they give MU a gift of a few minutes like they did yesterday, maybe they don't. If we get a nice drop like we did yesterday, I'll probably roll down a strike. Too early for rolling the month.

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