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


To: Skeeter Bug who wrote (26552)1/14/1998 11:04:00 PM
From: The Insider  Read Replies (1) | Respond to of 53903
 
Simple, MU is technically a long. Pullbacks will occur permitting new positions. Its 10, 21 and 50 day moving averages are moving north. The stock based in the mid-twenties. I don't view such a stock as a short candidate. Hence, I'll buy on dips because the trend is turning up. If you want to short a stock, try QCOM.