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

To: Skeeter Bug who wrote (27111)	1/25/1998 10:23:00 AM
From: Thomas G. Busillo	Read Replies (2) \| Respond to of 53903

Skeeter, Patrick K. is probably a better person to ask re: "The Kurlak Cycle", but off the top of my head, I'd say the time frame is not consistent enough. My psych. profile of TK says he's not going to buckle under anytime soon. We're dealing with a subject who is obstensibly employed as a securities analyst, but used the term "declared victory" in an EBN piece on the MU August flip-flop. The guy turns anytime soon and it's basically waving the white flag. IMHO, TK views himself as currently engaged in a war of attrition against the bulls, and given his arsenal, it's a tougher fight than the run against the bears and one that requires different tactics. IMHO, what was different about the last MU tout (anti-tout?) was that a) he put out a downside price target and b) he did it on an expiration Friday. I can't remember a time when he's come out on an ops. exp., but I haven't been watching the guy as long as some of you have. I'd be interested to know whether in the past when he's been in his "depressive phase" on the chip cycle he tends to pop off on expiration Fridays. If his game is looking for maximum price impact, my guess is that there would be a greater frequency of ops. exp. comments when he's looking for things to go down, as there would be fewer of his clients holding to begin with. Good trading, Tom