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To: DavidG who wrote (23672)11/7/1997 9:48:00 PM
From: TREND1  Respond to of 53903
 
David and Peter
If the suppy=demand equation was as "easy" as Skeeter says it is,
then MU would be a very "dull" stock ! Even the producers of Dram
do not know the equation good enough to build fabs with a year's
lead time. With the truth covered with fog, MU goes up and down
searching......A true TA'er ignores the FA news of the day !
Like an trained airline pilot, the TA'er keeps his eyes on the
instrument panel and ignores every thing else. This is why I set up
these "what if's".......Like today's 26 7/8 what if, like the
10,000,000 share what if, like the 33% retracement what if, like the
channel what if.........Right now ......the instrument panel has
nothing but bear....but I know it will change...It always does.
Larry Dudash



To: DavidG who wrote (23672)11/8/1997 1:29:00 AM
From: Skeeter Bug  Respond to of 53903
 
>>With companies that deal in commodity products, the fundamentals are sometimes
fluid.... <<

who turned this glass upside down ;-)

ta is for short term movements and for indications that people are selling/buying on non-public news. otherwise, fundamentals rule.

that is why your strong support at $36 lasted 1 day ;-) the realization of the crappy fundamentals crushed it!