Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : LSI Corporation -- Ignore unavailable to you. Want to Upgrade?

To: E. Graphs who wrote (9859)	2/17/1998 10:00:00 PM
From: DavidG	Read Replies (1) \| Respond to of 25814

E! *OT** There is always a chance...but I am not sure it is very high this week. I am expecting it to show support at 33 and then a move back up to 35-36. I have been cleaning up on the MU moves by trading longs and PUTs all the way up from 22 to 38 and back down to 33 5/8. Sometimes I trade for half point gains and other times 1 to 2 points depending on the momentum of the stock. This stock is so volatile that if you just play support /resistance and stay disciplined, MU keeps coming back to you to give you the entry and exit points. I have been doing this for almost 3 months now. The charts are literally burned in my mind right now.<g> I sold my MUPGs this morning and went long at 33 5/8. Was in and out twice for 1/2 point gains and now in again. Good Luck Trading DavidG