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To: ratan lal who wrote (24695)12/3/1997 1:23:00 PM
From: DavidG  Read Replies (1) | Respond to of 53903
 
Ratan,

I feel uncomfortable giving you advise since I actively trade for as little as 1/8s to as much as points.

Secondly I do not believe in shorting MU.

I will say I sold my MUME PUTs at 2 1/4 to 2 3/8 and did nothing else for a while b/c of low volume. I then went long somewhat at 24 3/4 since I do not see high volume justifying drop...but am willing to buy PUTS heavily if 24 5/8 is violated on heavy volume...Then we will see 22 -23 IMO.

IF I had shorted at 25...I guess under 23 is a good time to cover or if over 25.

Good Luck Trading

DavidG