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Technology Stocks : Micron Only Forum
MU 195.19-3.1%10:33 AM EST

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To: Tony Wang who wrote (43600)3/10/1999 2:00:00 PM
From: John Graybill  Read Replies (1) of 53903
 
Short-term stuff. I'm looking at 1-min and 5-min stuff, not hourly and daily stuff. It could be too early to tell if it's a failure on the daily chart, true.

Here's a site I like for DJII graph commentary: signalwatch.com

He says DJII 9650 is the line that cannot be crossed.

Poor tired MU sits on the bench through three market-wide buy and sell programs. I wonder if They think we won't short the flatlines like we used to. (HAH! First, the flatlines aren't as flat as the ones that truly precede big blast-offs, second, the last couple of flatlines have been major sells, third, this stock is dead meat!)

The RUT index today makes the programs really clear -- sells started at 10:40, 12:40, and 1:40. Nope, nothing phoney there.

The Century Mark Failure Du Jour (5-min level) is NASDAQ at 2400. Amazing!
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