Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Micron Only Forum -- Ignore unavailable to you. Want to Upgrade?

To: Skeeter Bug who wrote (24717)	12/4/1997 11:31:00 AM
From: TREND1	Read Replies (2) \| Respond to of 53903

Skeeter (1) First sit down ! (2) I have a 1989-1997 daily graph of MU that shows a massive triangle. (3) In "classical" TA.....meaning a book by Edwards and Magee dated 1948 (4) If MU were to break it's recent low of 22 1/16, according to "classical" TA book dated 1948 the low in MU would be .....are you ready for this ?????? Larry Dudash PS: It is a number even lower then the one and only Mike Burke

To: Skeeter Bug who wrote (24717)	12/4/1997 7:17:00 PM
From: MR. PANAMA (I am a PLAYER)	Respond to of 53903

I am Back..everyone turn off your TV's and tune into the GRIM... SB...i have recently bgt some long term MU calls for some....the positions are small and represent only 1-3 per cent of option positions...they were bgt not for the earnings but because I feel that the far east problems shall result in a slowdown of output of DRAM...Korea has to abide by certain "constraints" to get that money and for their long term survival...otherwise the bailout will be meaningless....so they will have to curb growth and this will be a strronger force than the DOJ could ever expect to do...hence we will see price appreciation down the road....I prob will not even trade these positions like i do most other stock options since they are longer term and if they fall 50 per cent then i will buy more and go out another period of time....i might trade the stock (long and short)...