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


To: yard_man who wrote (104)11/5/1998 10:55:00 AM
From: DavidG  Read Replies (2) | Respond to of 214
 
Tip,

Don't get so upset, it is technical analysis It does indicate a continued strong move upward. Up volume is very high, momentum is strong and still moving up, Relative strength is increasing, stochastics although showing overbought has not indicated a sell(which is typical of a continued bull move).

This has nothing to do with fumblementals...sorry....although they are very very positive we do not discuss on this thread.<g> Now the good news is that we will be seeing some pullbacks maybe to 40, and in serious market correction to 36) so use it to lighten up on PUTS and shorts or suffer the perils of the "forever bears".<g>

Now why the next three months....you can ask Patrick K for that but I will say this, the previous years technicals show a low during this quarter consistently 25% or more below the highs of 1st quarter of the next year...also don't expect much tax loss selling...there isn't any, bulls are raking in money.:-)

Tip this is a strong move up you should be riding it for all its worth.

Good Luck Trading

DavidG