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To: Patrick Koehler who wrote (25931)12/19/1997 4:13:00 PM
From: ratan lal  Respond to of 53903
 
Patrick

<< If only I would
quit trading on fundamentals, and stick to my computer and
stochastics. >>

AGREE

<<



To: Patrick Koehler who wrote (25931)12/19/1997 4:55:00 PM
From: TREND1  Read Replies (2) | Respond to of 53903
 
Patrick and David
MU high was 27 1/2
MU 50 day moving average = 27 1/2

No support from TXN, SOX , etc

My quess at this time is :
A little higher on Monday....forced short covering
then down...

Larry Dudash



To: Patrick Koehler who wrote (25931)12/19/1997 9:53:00 PM
From: DavidG  Read Replies (1) | Respond to of 53903
 
Patrick,

So what happened at 3:55pm? I sold my long positions at 26 1/4 and bought the MUMF PUTS thinking that was the right price and KABOOM !

There must have been a lot more of the unsettled contracts then I expected. Could see it touch 29 on Monday or Tuesday and then maybe we should get more PUTS? What do you think?

Just got back from picking up my son from college, didn't see any news. I felt like I stepped in front of a freight train without looking on that one.

Checked on some of my other tech stocks and most did the same thing at closing.

Good Luck Trading

DavidG