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JLS

Followers 62
Posts 7863
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Alias Born 12/14/2004

JLS

Re: jaws57 post# 17557

Friday, 03/24/2017 1:07:40 AM

Friday, March 24, 2017 1:07:40 AM

Post# of 31136
My power went out at market close.

So I went outside to do some work and didn't take time to look to see what happened to the market till sometime after 8:00PM.

The weather was calm and mostly sunny all day. So I decided the power outage must be some sort of pre-scheduled maintenance. In that case PG&E would have sent me a letter ahead of time. Problem is my pattern of going to the mailbox is perhaps once every three weeks -- hell, I don't have a clue how often. Something to do with the fact that the mailbox is about 2-miles from the house and all the important stuff comes and goes by internet. Oh, almost forgot, those pesky calls to jury duty come by letters in duh box. Sometimes I go just for kicks; but most of the time I ignore those things and got a good excuse.

Anyway, the MU options trade isn't over till I sell so there is still room for me to screw it up. I also have a lot of shares, but I'm not writing Calls against those shares as I do most other stocks. For that matter, I don't see selling those shares anytime this year.

I think it's a no-brainer that during this year MU exceeds its high made in December of 2014. In fact, I think it's quite possible that because of the sea change in memory to 3D going forward and also the introduction of new products which are memory hogs, that during 2018 MU could test its all-time high of about 96 made in July of 2,000.

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