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To: TREND1 who wrote (33658)5/18/1998 5:24:00 PM
From: Zeev Hed  Respond to of 53903
 
Larry, I am afraid that todays mini bounce was just enough to release some of the "oversold" condition in MU created by five consecutive red candles. I think the techs are getting ready for a "minimeltdown", just in time to bring the stocks nice and low for an early summer rally. If that is how things develop, then we might see a new highs by mid August, but I fear October.

Zeev