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


To: Skeeter Bug who wrote (28387)2/15/1998 10:55:00 AM
From: TREND1  Read Replies (2) | Respond to of 53903
 
Skeeter
<<larry, come on. greed can't fog your thinking.>>

Skeeter
Why did I cover MU short so quickly ?
The simple answer is I do not under stand the FA like you (g)
NO! The real answer is that MU's monthly trend is up !
That means I run quickly from a short position.
Now MU may tank on Tuesday, buy over and over again I ask
myself....why does MU keep going up?, why does MU keep going up?
I really do not know why ! On the surface things do look bad for
MU, but I realize I am not the holder of "great FA insight" like
some on this Micron BB, so I keep asking and asking the same question
that I asked my self back when MU went above 27 1/2 on Jan 2, 1998.
Why is MU going up, if things on the surface look so bad for MU ?
But unlike you, I put my opinion second to MU's price movement.
I realize I have limited knowledge and act accordingly.
Good luck in your "put trade"
Larry Dudash