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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: orkrious who wrote (22380)8/1/2001 8:21:45 AM
From: Paul A  Read Replies (1) | Respond to of 30051
 
Jay- thats why I said ILL be back shorting before going long.. and im NOT a perma bear even tho ive been forced to be one over the last few..

heres a perfect example of chip pricing- if this isnt a reality check, God knows what is.. Non of this is reflected in MU pricing:

6months ago / present cost

64mb $70.00 / $10.00

128mb $170.00 / $17.00

256mb $300.00 / $34.00

512mb $500.00 / $90.00

Im actually being conservative on the 6 months ago pricing because I cant find my notes.. so I just rounded to the lower price I remember..



To: orkrious who wrote (22380)8/1/2001 10:49:25 AM
From: TREND1  Read Replies (1) | Respond to of 30051
 
Jay
MU just made a new monthly higher high.
If you haven't followed my posting for 5 years, once gave a blow by blow posting of a MU raid.

But the key is this:
MU raid will be over when there is a Daily Lower high and a daily lower low. Until that happens your fellow bears will be acting like bulls as the buy back MU to cover.

The first bear to cover is the lucky bear.

Larry Dudash