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To: DavidG who wrote (28227)2/12/1998 11:22:00 AM
From: TREND1  Read Replies (1) | Respond to of 53903
 
DavidG and Pat
(1)MU daily now = down
(2)Probability now 80% that 2/4/98 MU=39 was important top.
(3)Sox confirms MU down.
(4)Big RED CANDLE today ! So Far !
(5)I think Dec 22, 1997 up channel may be broken this time.
(6)I am short MU
Larry Dudash



To: DavidG who wrote (28227)2/12/1998 11:42:00 AM
From: Patrick Koehler  Read Replies (6) | Respond to of 53903
 
DavidG - Your 35 3/8 seems to have held. The databases are wrong
for today, indicating a low of 35 1/16. I checked back on my computer,
and I see only one trade of 2000 at 35 5/16 on NAS at 11:06, so your
3/8 stands, as I discount some on the other markets.
My computer is still neutral, but I went long with a 1/2 position at
35 11/16.
At 11:37, there were 170K ask at 36, and that has already been consumed down to 25k in 5 min, so someone is buying at the moment.
Patrick