Micron Only Forum Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Micron Only Forum

MU 193.24

-4.0%

10:40 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Tony Wang who wrote (44862)	4/6/1999 5:05:00 PM
From: John Graybill	Read Replies (1) of 53903

Not much to say that hasn't been said already: tout-fest run-up! The local bears got all the warning they needed last Wednesday on the total collapse in put premium, explicitly noted here at the time. The quote.com 5-day graph since last Wednesday shows that this rise is nice and controlled in the medium-term even though it looks a little disorganized in the short run with gap-up openings, put-you-to-sleep flatlines, and 2:30 or 3:30 fake-out down-spikes on an almost daily basis. You're right to think reversal, but you didn't take into account the semiconductor tout-fest (ending tomorrow) and the MU analyst meeting (ending Thursday). I'll be trying to sell some calls on Thursday for the traditional pre-Expiration-week dump. (Stats on that tonite.) The only question is whether the broad market helps out by not dumping tomorrow afternoon.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next