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Entered short 100 shares @ 30 1/2, I entered to sell short at 30 7/16.
So it was a good fill. Why? The market has been crawling up to the 8000
level and I feel it will be a psychological barrier. MU was also up 1
1/2 pts. which is fairly high for any given day. If the market goes
south I win. If the market moves higher and MU follows then I will see
MU go past me but I should see it again as it falls on profit taking.
Also u/d volume ratio is poor about 1.75 on the NYSE considering the
adv, dec ratio on the NYSE. Lastly MU has not had a sell off today but
did open up lower. So those that bought in the 28s are up with little
upside potential for the rest of the day in MU.
Currently MU 30 1/4.
Harley
Right now MU is
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