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To: DavidG who wrote (28652)	2/19/1998 12:13:00 PM
From: Patrick Koehler	Respond to of 53903

DavidG - been away from the thread, licking my wounds. I made trades this month, on gut, not the computer, and lost. Yesterday, I got back a little on track. My computer (SHADOW) knows and I must force myself to ignore the trading on the tape. SHADOW has only given me five signals this month, as follow: Sell 2-4, 10:45 MU at 37 Buy 2-6 2pm MU at 35 1/4 Sell 2-11 10am MU at 36 Buy 2-18, 10:30 MU at 34 Sell 2-19, 11am MU at 34 3/4 I am almost completely out of MU at the moment, having taken losses on some Calls, and profits on some Calls. Lost some on a long position. Too late to act on Tuesday, because I was at the doctors office, and missed the downside break.. The break on Tuesday below the 35 3/8, broke the upward channel that we have had since mid December. I bought calls on the buy signal yesterday, and sold on the sell signal today for a small profit. Now have Mar 40 puts. I have mixed signals on what will happen over the next few weeks with MU. MU may have started a downward channel, thus, causing me to become biased to the downside. We did have a 77% increase from 22 in Dec to the high of 39, even with lousy earnings. I'm beginning to think that the 39 was the top instead of the expected mid March high. The contrary picture is on longer term charts with TC2000. My settings there are 80% accurate on buy signals, and result in an average of 20% increase in 15 days. It looks like that signal may come as early as the first of the week. So, short term (next two days), I have a sell signal. Option open interest favors the 35 strike price and may hold MU up. Long term (3 weeks), I expect a buy signal within 3-5- days, however, the question is, "has MU started a downward channel?" Patrick