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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: The Ox who wrote (444)	12/4/1998 9:30:00 PM
From: drsvelte	Read Replies (2) \| Respond to of 99985

[OT] MU Check the Fleck (wow!) on Micron: stocksite.com

To: The Ox who wrote (444)	12/4/1998 10:22:00 PM
From: Haim R. Branisteanu	Respond to of 99985

MU clear to $60 - Yep another sign of TULIP MANIA who cares about earnings or fundamentals or competition??? TA what counts. Next stop is the Moon <gg> Fifth of Fifth <gg> Haim

To: The Ox who wrote (444)	12/4/1998 11:33:00 PM
From: Electric	Respond to of 99985

OT MU... I dont care what MACD and Stocastics say, this company isnt going to keep this up. I told Lee this at about 40 on MU. When the market corrects or rests, MU will be the first to go. I am not buying that the company miraculously fixed things and they will start reporting numbers quarter over quarter. Go short and buy a call on it for protection. We are looking very frothy and due to pure TA, MU is not a 60 dollar stock. Even if all the fundies think so. P.E's still mean somthing, maybe not this week but sometime it will.. There are other stocks that I feel the same about. NOVL is one of them. The list of shorts/puts is getting longer and longer. BWDIK, I own PAIR so I am a lousy picker of stocks..lol