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

To: TREND1 who wrote (25960)	12/20/1997 12:10:00 AM
From: DavidG	Respond to of 53903

Larry and Patrick Another reason for MUs sudden move to 27 1/8. When MU broke above 25 3/4 it broke a 4 month downtrend line and at that point it was 10 minutes before closing... the T/As may have saw that as a buy, and thereby the shorts also saw it and panicked into a buying frenzy. It closed 1 3/8 above this breakout point...so technicals may once again be in play. DavidG

To: TREND1 who wrote (25960)	12/20/1997 11:32:00 AM
From: TREND1	Read Replies (3) \| Respond to of 53903

Three types of MU investors(traders) (1) Make money all the time: They know what SDRAM will cost 3 to 6 months into the future. They know production costs 3 to 6 months into the future. (2) Make money some of the time: Trend followers. At least their "nose" is pointed in the right direction most of the time (g) (3) Never make money They think of last quarter's earnings in a cycle type company. They think of today's and yesteday's SDRAM prices in a cycle type company. They worry about accounting in past earnings reports. ............................................................. This MICRON BB should be for (1) and (2) above. For (3) above...they have a speciacl BB called MICRON SUCKS BB ............................................................. Larry Dudash