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To: Richard Russell who wrote (29419)3/4/1998 10:38:00 PM
From: Stephen M. DeMoss  Read Replies (1) | Respond to of 53903
 
RR, According to Dave's tape, short term we are 'scheduled' to go down. I'm likely going to cover half my position tommarow (1/4 before 10 & 1/4 when/if<G> it revisits low). Then look to see if the general market is buying on dips or if a breakdown is happening. I'd love to have a short position if Mu were to break down below 30. Larry says 313/4 has some support, do you know the next area where Mu would get support? I shorted another 1000 when I saw Mu back off the 357/8 level (as Larry/David had said>An FA guy CAN learn from these TA guys!). I'm wondering where Mu may get more support from below 313/4. Steve D. Ps. Wasn't it nice to see those 25/8's shaved off Mu after the market closed? I went from being down about 6grand to up 4! Steve D.



To: Richard Russell who wrote (29419)3/4/1998 11:53:00 PM
From: TREND1  Read Replies (1) | Respond to of 53903
 
RR
You wrote
<<Its difficult to trade a stock like mu when your guts tell you it should be going down because of FA but the tape is tell you its going up. RR>>

RR
Not difficult ! Just ignore the FA (ggg)

But that is hard even now, because everyone knows that
tomorrow will be a big down day !

Larry Dudash