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To: Peter Shaw who wrote (23631)11/7/1997 1:48:00 PM
From: DavidG  Read Replies (3) | Respond to of 53903
 
Pete,

<< Watch the action at key technical levels, as Larry does, and you will recieve
insight about the path of least resistence !!!
26 held pretty solid this morning. Lets see what happens after 3:00... >>

I do follow the "action and reaction" at key technical levels...it is what I base my trades on. For the most part I agree with LDs observations.

Not sure I understand your "path of least resistance" observation and also what you expect at 3:00PM.

I expect the market to be down considerably by end of day and MU to slowly follow behind(not ahead).

Good Luck Trading

DavidG

PS: Newtons third law of Physics still applies for MU.<g>



To: Peter Shaw who wrote (23631)11/7/1997 3:07:00 PM
From: DavidG  Read Replies (2) | Respond to of 53903
 
Pete,

3:01PM

What is MU to do....???

It may go down......OR......it may go UP !

What will it be????

MU will will surprise someone I am sure.

Good Luck Trading

DavidG

PS:HINT....I am long at 26 !/2



To: Peter Shaw who wrote (23631)11/7/1997 4:34:00 PM
From: TREND1  Read Replies (2) | Respond to of 53903
 
Peter
I finally see the meaning of the 10,000,000 share day !
No low in MU until we get a 10,000,000 share day !
This has happened every time since MU=60 1/8 !

Larry Dudash



To: Peter Shaw who wrote (23631)11/7/1997 8:02:00 PM
From: Estimated Prophet  Read Replies (1) | Respond to of 53903
 
you said

<<With so many people discounting MU moves based on logic it will react with action which confounds the majority of players. Once the fundamental idea is incorporated into a pricing structure, human emotion and simple supply/demand takes hold.>>

what do you mean? i am not a sophisticated investor and i am trying to learn. it seems to me that the vast majority of investors do not understand where mu's fundamentals are headed in the short term. by "so many people" do you mean the majority??? if not, then how does the "majority" get confounded. please explain. i will be grateful for your input.

bcwright