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Technology Stocks : Micron Only Forum
MU 228.50-5.6%3:59 PM EST
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To: BSGrinder who wrote (43562)3/9/1999 1:27:00 PM
From: Tony Wang  Read Replies (2) of 53903
 
I have no idea what you are talking about. I meant that 52 is support on MU. It is where if penetrated and you are long, you should rethink
your strategy of your position. That is all. 63 on the upside will probably mean higher prices. These are just nerve-points according
to certain technical analysis.
If you are a short term trader, this does not help you if every point means life an death. But some of us buy or sell for 10 , 20, 30 pts.

IE: I am long LU from Nov. at 72, and long COMS at 33.

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