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To: DavidG who wrote (28894)2/24/1998 5:09:00 PM
From: TREND1  Read Replies (1) | Respond to of 53903
 
Well daividG !
I went flat (covered short at 32 1/2) near the close.
Now I have to go figure out what got into HAL.
I think I got him this time ! I know MU is going
right down to 30, but he wanted out.
More later.

Larry Dudash



To: DavidG who wrote (28894)2/24/1998 5:32:00 PM
From: TREND1  Read Replies (3) | Respond to of 53903
 
DavidG
Here is HAL's reasons for covering short:
(1) MU touched bottom of down channel....probabilities
(2) Four red candles in a row...probabilities
(3) MU drop was less then SOX drop today indicating a loss
of momentum. MU -3.00% vs SOX -3.05% (very picky)...
....probabilities.
(4) HAL feels he can get me in "short" again at slightly higher price.
(5) Charts and tables on my web site

geocities.com

Larry Dudash
PS: This was all done without price of dram or estimated earnings (g)



To: DavidG who wrote (28894)2/24/1998 6:17:00 PM
From: CHIP HUNTER  Read Replies (2) | Respond to of 53903
 
Well bears I wouldn't get too complacent in your short positions!! According to the charts we are very close to an upside breakout that could duplicate the last move in my opinion..... I feel a major short squeeze coming on. Good luck bears!!