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To: TREND1 who wrote (50555)2/23/2000 9:20:00 PM
From: Richard Gibbons  Read Replies (1) | Respond to of 53903
 
Larry, MU's historical stock price and stock chart is nothing but historical data. So, continuing your parallel, using MU charts to predict MU is like driving a car looking out the rear view mirror.

(I don't mean to be disrespectful, since I've followed this board for 3 or 4 years, and I've really enjoyed your posts, and your web site. But I think the DRAM prices are useful information and I think it's relevant MU material to post, just as your MU TA is.)

Richard



To: TREND1 who wrote (50555)2/24/2000 4:22:00 PM
From: Steve Robinett  Read Replies (2) | Respond to of 53903
 
--Larry
If you would actually read and remember other people's posts(for example, this one, siliconinvestor.com might notice that I agree with the notion that MU's stock price leads DRAM prices. Unlike TA gurus, I even give suggested reasons for the effect.

As for driving with one's eyes on the rearview mirror, trendlines, probability projections, support and resistance lines--all the simple-minded little tools of technical analysis--are based on 100% pure historical data, including one-minute price charts of MU. That seems to me the ultimate in driving with your eyes on the rearview mirror.

Best
--Steve