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

To: Kris who wrote (27600)	2/2/1998 7:31:00 PM
From: TREND1	Read Replies (1) \| Respond to of 53903

Kris So are you saying MU is going up, if it doesn't go down ? Larry Dudash

To: Kris who wrote (27600)	2/2/1998 8:02:00 PM
From: DavidG	Respond to of 53903

Kris, It just goes to show you there are enough technical analysis out there to justify whatever you want it to do...just like there is enough fundament analysis out there which contradicts each other.<g> Myself, I think MU may go down somewhat and then try to retest the 36 level, so that it is my short term plan. I also do not believe the fundamentals are as bad as some my make it out to be, so I see an upward bias to the stock. BTW stochastics show n/t overbought and Momentum is dropping off. But MACD is positive as well as relative strength and on balance volume... and of course the trend has been up all year. If you had made a New years resolution not to believe the forever bears and just Keep it simple and follow the trend you would have made almost 40% in 1 month.<g> Good Luck Trading DavidG