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To: Patrick Koehler who wrote (26285)1/7/1998 12:34:00 PM
From: MR. PANAMA (I am a PLAYER)  Respond to of 53903
 
Nice solid down day...Every day cannot be Xmas...ho ho ho

GRIM is ambulance chaser ... looking fer casualties ....are they pounding the bids or are they lowering the offers....KEST IONNE



To: Patrick Koehler who wrote (26285)1/7/1998 5:59:00 PM
From: Kerry Phineas  Respond to of 53903
 
PK, I've sold the Jan puts also. I wouldn't be too surprised by any movements in either direction, though. You'd think the increase in spot would have some sort of effect on the stock price.



To: Patrick Koehler who wrote (26285)1/8/1998 11:39:00 AM
From: DavidG  Read Replies (3) | Respond to of 53903
 
Patrick,

MU volume is very high today with a 1 1/2 point gain. I am holding on to my long position to see if it breaks the 28 barrier decisively. If it does than I agree with you that 29 1/4 will easily be taken out.

Any stall at 28 and then I will close long position and again buy MUPFs.

Good Luck Trading

DavidG



To: Patrick Koehler who wrote (26285)1/8/1998 1:04:00 PM
From: DavidG  Read Replies (1) | Respond to of 53903
 
Pat,

Sold half my long position at 28 and waiting to sell other half.
I am holding off on PUT positions and will just buy on dips from this point on as MU drops to 25-26 range. MU is looking a lot better now for an upward bias to the 30-33 range with significant overhead resistance at 33.

What are your thoughts?

DavidG