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To: Patrick Koehler who wrote (27291)	1/28/1998 2:31:00 PM
From: TREND1	Respond to of 53903

patrick We are getting close to the top ! Very near 50 DMA 35% band ! Larry Dudash

To: Patrick Koehler who wrote (27291)	1/28/1998 2:44:00 PM
From: DavidG	Respond to of 53903

Pat, I never thought you were crazy.<g> BTW I agree with your assesment of 33 5/8 for n/t support now. I will probably start dumping my PUTS at low 34 since the first test usually doesn't go that low but rather slowly works its way to that point by climbing up to lower highs and then retreating. This allows me another long position and PUT purchase. In fact I would like to see it oscillate in the 33- 36 range for a while. In the past this range has been the most profitable for me. Good Luck Trading DavidG

To: Patrick Koehler who wrote (27291)	1/28/1998 2:47:00 PM
From: TREND1	Read Replies (1) \| Respond to of 53903

Patrick All kiding aside ! This rally must now be mostly a "bear covering" rally. We are back to waiting for the day in which MU does not make a daily higher high ! Until that happens the shorts are getting killed ! There will not be 43,000,000 shorts left after this rally. It is also a VERY VERY UNSTABLE TIME !!! Then we will go down to a more reasonable level ! What will the top number be ??? Some where between 35 and 70 Larry Dudash

To: Patrick Koehler who wrote (27291)	1/28/1998 2:53:00 PM
From: Rick Smith	Read Replies (3) \| Respond to of 53903

Interesting Technical Analysis. I believe we will see 32 3/4 or lower at some point tommorrow. My work is done with bollinger bands that I have tweaked a little from their original format. They showed a short sell signal today at any price above 34 7/8. My system has been developed for short term trading and has proven quite reliable in the past. I am now short 4,000 MU for the next couple of days. Will cover regardless of price by Thursday at the latest. By backtesting this system on the MU chart over the past 2 years, I have a 92%+ probability of being correct. It's tough getting any better than that, although things can and do hapen. Trade at your own risk. Good luck to all. I'm only here for a couple of days. R..