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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?


To: manny t who wrote (7782)3/29/2001 7:51:59 PM
From: Tom Hua  Read Replies (2) | Respond to of 19633
 
Manny, I listened to the first 25 minutes of the call, MU provided no guidance and most of the questions dealt with the inventory issue.

Looking ahead, Monday night and Tuesday night should be filled with plenty of warnings. I think we may see a new low on the Naz in the early part of next week. Those that don't warn by Wednesday will not warn. On Wednesday/Thursday I plan to move significantly back into the long camp. There're so many "bargains" that I want to pick up for subsequent 1-2 weeks bounce. Although the chance for an intermeeting cut is low, if one is coming it'll probably be in the second week of April after much important economic data for March is released.

Regards,

Tom