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To: TREND1 who wrote (48976)10/5/1999 10:52:00 AM
From: TREND1  Read Replies (1) | Respond to of 53903
 
WOW ! The NYSE opened at 78 5/8 on 2,540,800 shares.
My guess is that the specialist was long before the open.
He knows what earnings are before we do (g)
But now the specialist under estimated MU's opening demand
and now finds himself net ...short MU.
(1) Maybe he is short for the longer Major Bear Trend ?
(2) Or at very least MU will have to have some down in
next few days so he can unload his lopsided position.
(3)....Or (1) and(2) above are just crap !(g)
Larry Dudash



To: TREND1 who wrote (48976)10/5/1999 2:32:00 PM
From: Zeev Hed  Read Replies (2) | Respond to of 53903
 
Larry, my turnips are giving a better than 60% chance that MU will make a new high before the end of the month, so, I am staying in, but I did raise my SL to just above Break Even at $72.375. We'll see how long it will take HAL to declare a new long term uptrend, if ever.

Zeev