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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?


To: Carl R. who wrote (12814)1/8/1998 10:50:00 PM
From: Zeev Hed  Read Replies (1) | Respond to of 18056
 
Carl, I think that WFR is putting its final touches on its own DCB. MU, as difficult as it is to phatom, showed more than normal strength. Surprisingly, the market here might be looking 6 month down to a more balanced supply/demand situation. However, I am not jumping in (you know the kind of chicken I am, 22 to 26 was enough for me, really shaking like an autumn leaf (G).). The rally in MU could carry it to 33, but I doubt it will stay their for long. However, MU has surprised me in the past. A break under 25.5 will turn me back into the bear camp and reinstate my mid teens target.

Zeev