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


To: TREND1 who wrote (29199)3/2/1998 9:38:00 PM
From: Richard Russell  Read Replies (1) | Respond to of 53903
 
ld

>>Only Micron bears shorting and covering and shorting and covering<<

Barring any unknown to the general public news, that is as good of an explaination as any.

Seem pretty quiet out there, IMO
The bulls are baffled.
The bears are baffled.
The traders are baffled.
The trend is baffled.

>>Did any one buy MU long term today ????<<

Sure did made a qtr. then lost it going short when the sox and nasd started to tank thought mu would follow. RR



To: TREND1 who wrote (29199)3/2/1998 9:39:00 PM
From: Stephen M. DeMoss  Read Replies (1) | Respond to of 53903
 
Larry, I think Mu gave us a gift today in bucking the trend. What do your charts (and Hal) have to say? If the charts say to sell, it confirms all my FA convictions on both Mu and the techs. Two down days in a row for Nasdaq. With preannouncements coming, the big run up this year, etc. its time to go short. Now, do the charts agree? I did well today on Asnd puts. I looked around at days end and thought Mu was very generous. Waiting your reply! Steve D.