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Technology Stocks : Micron Only Forum -- Ignore unavailable to you. Want to Upgrade?


To: Chas who wrote (32985)5/7/1998 9:57:00 PM
From: DavidG  Read Replies (1) | Respond to of 53903
 
Chas,

Did I say it wrong?

Let me say it this way, I think he sold out his position on Calls at the bid price...but then it is just my guess.<g>

Micron might spike back up tomorrow , oversold on stochastics and dropped below 31 and quickly bounced back up. At close I covered my shorts and went long a 1/3 position...also expecting employment report to be favorable.<g> Also went long a small position on MSFT...now thats gutsy.<vbg> Still can't get any KTEL shares to short.:-)

Good Luck Trading

DavidG



To: Chas who wrote (32985)5/8/1998 12:15:00 AM
From: John Graybill  Respond to of 53903
 
>>How can MU go up right now, DRAM is still dropping.

How can you forget the Abby Cohen / Goldman Sachs scams of December and January when MU was losing $2M a day! Guess when they happened -- exactly one week before option expiration!!



To: Chas who wrote (32985)5/8/1998 12:30:00 AM
From: ratan lal  Read Replies (1) | Respond to of 53903
 
Chas

MU charts look bearish for tomorrow BUT there si strong EW theory that the market will go up after around 10 am tomorrow and the rest of next week.

And of course we know that MU does not believe in trading based on its fumblematics. So there is a possibility that MU may break above its 33 resistence and if it does who knows how far it will go. At leas the people that sold the calls will start worrying.

BWDIK

ratan