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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: stan s. who wrote (23062)11/3/1999 11:07:00 PM
From: Bryan  Read Replies (1) | Respond to of 108040
 
I'm a little baffled by the rise in the semi's.
Is this purely another inflation gauge?
I was actually starting to think about a couple shorting opportunities in the semi's.....taking a long hard look at MU for a possible short-term PUT option play (6 months out). Looks like it could rise a bit more, possibly to $79-$80, but I really think this rally is going to run out of steam fast. And the turnaround could be as quick or quicker than the run up we have seen over the last couple weeks. If you care to throw some of your TA magic on MU, I would appreciate it.

B