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Technology Stocks : MICRON TA ONLY -- Ignore unavailable to you. Want to Upgrade?

To: TREND1 who wrote (88)	11/3/1998 11:53:00 PM
From: Estimated Prophet	Respond to of 214

Larry, SOX was down more than the market today. It was down over 2.5% when MU was up slightly. In this situation, does SOX tell us what Mu will say tomorrow or in the near term? Seems to confirm your overbought call for the short term. Tough for me to be bullish on MU at these prices, and I wonder if SOX down confirms the overbought condition, or is faking me out. I'm flat on MU but feeling the urge to go short(my usual MU timeframe is 2-3 day trades). TIA EP

To: TREND1 who wrote (88)	11/4/1998 1:21:00 PM
From: DavidG	Read Replies (2) \| Respond to of 214

Larry, 50 before single digits? I would say the technicals are still looking great and the probability is high this will happen.<g> My oh my what will the shorts do? Probably keep buying and pushing MU higher.:-) ...the MU train is moving full steam ahead...no time to stop...won't let anybody get on. Maybe next stop after 50 is....is....is....60.....yes maybe 60. Look out shorts it will get worse before it gets better. Momentum and RSI increasing...volume absolutely astounding. 207.95.154.130 The non-believers will soon believe. I hope there isn't some shorting right now. They must be patient and wait. At the right time there will be minimum of easy 5 or more points to make. Right now the technicals say to STAY LONG with tight stops!!!!! Good Luck Trading DavidG PS: Larry it is good that you started this thread b/c it filters out all the garbage from the "forever bears". They can now rename the other site the "micron sucks" site and then that will disappear. I just hope they don't come over hear with their nonsense.:-)