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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?


To: MythMan who wrote (14604)3/4/1998 5:48:00 PM
From: Zeev Hed  Read Replies (4) | Respond to of 18056
 
Pete, MU has been going up and going down prior to the sector, it cannot by itself take the sox down or up, but it has been useful to watch. If I followed my own advise (on the last earning report I suggested buying MU on the next day's open, which was the low of this cycle, so far, but did not change my turnips's outlook accordingly for the rest of the semi and high techs, and I was wrong). Maybe it is worth watching. MU is not yet "bullish, but another buck o two and it might be ready to challenge the low forties. If INTC drags it down tomorrow with it, then it is another story. Anyone has access to after market trading in INTC? Globex is already down more than 1000 on the S&P and 3000 on the Naz, I believe.

Zeev