SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Micron Only Forum -- Ignore unavailable to you. Want to Upgrade?


To: DavidG who wrote (31069)3/23/1998 2:24:00 PM
From: ratan lal  Read Replies (2) | Respond to of 53903
 
DaidG

I am out at 30. The market looks like it will recover and MU may rise with it. May go short again between 30 1/2 to 31 based on chart.

ratan



To: DavidG who wrote (31069)3/23/1998 6:47:00 PM
From: Patrick Koehler  Read Replies (3) | Respond to of 53903
 
DavidG, Larry, RR - So where was the buying today to support
my long position? I hate being on the long side when MU is
in the downward channel, but it is trading at the bottom of the
channel. I printed Larry's chart which is better than the one on
TC2000, and the low of the channel looks like 29 5/8, and MU
traded at 29 7/8, and I saw it bid at 3/4. The high end of the channel looks like 34 1/4 for today.
Man, I was puckering today. Lost my seat cushion when I saw
the 400+ block trade at 30 1/8 on downtick.
Gut wanted to sell. Gut wanted to hedge with puts. Gut actually
wanted to be short!
So, I left the house. Had a doctors appointment.
I will probably have to act tomorrow, one way or another,
although I would hate to have to take a loss.
My computer is now neutral.
What does tomorrow look like to you guys?
Patrick