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To: yard_man who wrote (29009)2/25/1998 4:20:00 PM
From: DavidG  Read Replies (2) | Respond to of 53903
 
Barry,

Average holding Period = 4hours
Holding period Range = 15 minutes to over a day
Hit correct direction >80%
Always long equities as opposed to call options
Always In the money Puts rather than short positions

Currently no Long Positions
High PUT position MUPGs Purchased between 3 1/4 to 4 3/8 for avg of 3 3/4...

length of time for holding these. Right now too long. Started buying yesterday and up to close today. Will probably be out as quick as tomorrow morning to as late as Friday.

Many times I trade long positions while holding PUTS. I have lost on PUTs before but less frequently lose on Long positions.

MY losses usually occur when MU breaks support or resistance levels. It is very tricky on handling these transitions...but while MU is within a trading range I just clean up every time.

Good Luck Trading

DavidG



To: yard_man who wrote (29009)2/25/1998 4:39:00 PM
From: CHIP HUNTER  Read Replies (2) | Respond to of 53903
 
Cmon bulls and bears this stock is going alot higher according to the charts!! I expect we'll see 60 or so before we see any significant pullback. The momentum is there plus we have very high short interest compared to the float... I said a few days ago this stock was getting ready to breakout based on TA and today it did. Bears i told you not to get too complacent in your short position, I hope you listened. Bull I wouldn't trade MU because it may just leave you behind... The tape is telling you this thing is going higher!! Good luck bulls and bears!!