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To: Patrick Koehler who wrote (31079)3/23/1998 9:20:00 PM
From: ratan lal  Respond to of 53903
 
Patrick

Open on Mu looks flat to up. Day looks flat to Down. Dow will decide whether Mu goes up/down/flat unless there are upgrades/downgrades. Then all bets are off.

ratan



To: Patrick Koehler who wrote (31079)3/24/1998 1:22:00 AM
From: John Graybill  Respond to of 53903
 
my 2c worth: MU's "due" for an up-day just because it's had five or six down days in a row.

But it's still gonna be below the 50-DMA! :-)



To: Patrick Koehler who wrote (31079)3/24/1998 9:30:00 AM
From: DavidG  Read Replies (2) | Respond to of 53903
 
Patrick,

This morning I am sitting with 1/4 of a normal long position in MU with an average 30 1/8. MU looks like it is holding a trading range of 30 -33 with a test and then bounce at 29 7/8.

Yesterday I sold all my long positions at 30 1/2 from Friday at a 5/16 loss..but then traded a couple of times and came out ahead for day.

To me shorts do not look too attractive until MU reaches 31 and fails to go higher...also imo if MU drops below 29 7/8 then shorts will look attractive...otherwise I am playing trades within very tight intraday ranges which take too much time to explain.

DavidG