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To: TREND1 who wrote (32917)	5/5/1998 6:50:00 PM
From: DavidG	Read Replies (1) \| Respond to of 53903

Larry or Pat, I don't remember which one of you observed this 5 day behaviour, but it was a nice call. Anyway MU is looking real good on the charts. If I was a "forever bear" I would be getting real nervous by now. Certainly my palms would be getting real sweaty.<g> It looks like 33 is getting real critical now. Not only did MU not break the uptrend line yet, but it has broken the 20 day ma a while ago, it has recently broken the 50 day ma, it has the 10 day crossing the 50 day ma, and now it is making an attack on the 200 day ma...and this looks like where the 33 point is. My guess is that if MU breaks 33 on decent volume...say 5 million shares...then MU will take off like a rocket. I know some, OK maybe most, think the fundamentals do not look good going forward, but technically MU looks dangerous to the bears.:-) Good luck trading this week it may just get verrryyy inntterestting. DavidG

To: TREND1 who wrote (32917)	5/5/1998 11:09:00 PM
From: The Vinman	Read Replies (1) \| Respond to of 53903

Larry, how is the channel looking? The fast moving 10 DMA has crossed over the slower 21 DMA signaling a reversal in trend, and both are about to cross the 50 DMA . The last time this occurred in December MU made a move form 26 to 37 1/2, if MU can close above resistance over 32 1/2 it could break to the upside. MU tested 32 1/2 twice in April but was below the 50 DMA at the time, which it has since moved above, the 10 DMA was below the 21DMA also, so this could be the time it makes the break to higher levels, I am short at 32 1/2 but will cover on weakness in the morning and go long, futures down tonight, Japan down 3%....any thoughts? Vinman