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To: John Sikora who wrote (37016)8/6/1998 7:11:00 PM
From: DJBEINO  Read Replies (1) | Respond to of 53903
 
The report, "The Semiconductor Market Upturn: Surprise, Surprise, Surprise!" points to several market segments for evidence of a coming upturn, including the DRAM market, which shows signs of stabilizing after two years of rapid and steady price erosion. The report foresees overall semiconductor unit volume and average selling prices recovering later this year

eet.com



To: John Sikora who wrote (37016)8/6/1998 10:28:00 PM
From: Chas  Respond to of 53903
 
John,
I know what you mean, MU would normally pull back, it probably will,
but I am trying to measure how strong the DRAM effect really is.
I am getting mixed signals, but mostly continued tightness may or may not signal to the big guys to buy more. I would tend to think Mu
will create a range over the next week that we can see, maybe Larry
can help us with that with his charts.
Normally when I can get this kind of profit this quickly, I will take it off the table, that what I have to ponder tomorrow, I have been caught holding longer lately and adding risk, and missing other opportunities. Its hard unless you are watching the market every minute. It would be great to get some new signs of strength tomorrow, then it will be easy to hold on til next week. I would love to have a run to $40, right now its just a dream.
Good trading.

your comment Thanks for the info...MU appears to be due for a pull back at these levels...but I've
thought that before...