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To: TREND1 who wrote (49047)10/7/1999 9:45:00 AM
From: Cynic 2005  Read Replies (1) | Respond to of 53903
 
Larry - impeccable read on MU. Well done!



To: TREND1 who wrote (49047)10/7/1999 10:33:00 AM
From: Zeev Hed  Respond to of 53903
 
Larry, well, almost whipsawed, got out at $72, making the smallest possible 1/8th (g). I 'll wait for another entry, since I am pretty sure that the scenario will have to be replayed again. Now, the point to watch is the $66.5 or so area, there is a good chance it will be breached and we'll go to the high $50, then we'll see if a major downtrend reestablish itself, or it is just a hiccup in the scenario.

Zeev


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