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To: Richard Russell who wrote (27505)	1/31/1998 9:55:00 PM
From: TREND1	Respond to of 53903

RR YES ! I am short MU now. Let me tell you a few things I see from a TA point of view. (1) MU was approaching the 200 Day Moving Average. (2) MU was approaching the 50 Day Moving Avergae (35% band) This is very rare for MU to get so high above it's 50 DMA Then (3) MU did not make a DHH(Daily Higher high) after a good rise ! (4) MU made a red candle ! (5) So SHORT MU ! ................................... So what happens now ???? (1) MU only goes 3 to 6 days in any one direction. So far 2 days down......so we have no more then 4 days left. (2) But if MU could break the (very long) up trend line from 22 That's around 31 1/2. Then MU could have a rapid drop (depending on rest of market) .................................. Summary It was a good time to short MU! My stop buy is in to limit loss The Monthly trend is still UP ! .................................. At what point do I take a profit ???? Well ! That's another story. Larry Dudash