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To: DavidG who wrote (32560)4/27/1998 12:46:00 PM
From: TREND1  Respond to of 53903
 
David and Pat
Sell Short stop limit did not work today.
MU just went through it and never looked back.

And the limit part is needed since the "up tick" could
cost a 1/2 point.

So I am flat watching MU look for a bottom.
A bottom at 29 would be ideal for me.

Larry Dudash



To: DavidG who wrote (32560)4/27/1998 11:18:00 PM
From: Keither22  Respond to of 53903
 
DavidG:

Thanks for your words of encouragement. I'm not used to being long MU. For the past several weeks we've been short and expecting a gradual deterioration along with a NAZ correction. But last week, especially Friday, made me go (short term) long. And then today.....that's often the way things happen. Not until you change direction does the market or your stock finally do what you have been always expecting it to do.
MU didn't collapse but the NAZ did.

I kept 75% of my long position today in hopes of a rebound tomorrow.

What kind of trading range do you think we can expect for May?

Thanks, again.

--Keith R. Vyse