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To: DavidG who wrote (33714)5/19/1998 3:29:00 PM
From: E_K_S  Read Replies (1) | Respond to of 53903
 
Hi David - MU is very weak! What happens when the volume begins to kick in (on the sell side). I see a test of $22 very soon as the A/D continues to look bad. So where is the low risk trade?

Look for another blow off on the down side, then a quick two day relief rally. I will be trying to enter on any over sold drop and may look at a longer term "pure" short on any test back up to $27 1/2.

MU is the Devil stock and always seems to trade opposite of the fundamentals. Still long term negative though.

EKS