AugustineMac-
08-06

$Micron Technology(MU)$ Believe the selling not over yet; even by MU standards, to run a full 100% retracement - in only 5 months, since late February - is unprecedented, the bulk of that of course occurring in the past 6 weeks; do not believe it will approach new highs until it completes cycle in a minimum of 9 months, possibly not until Fall 2025 - and that only if threats against Taiwan do not come to fruition, over-supply / over-purchases / slowing demand are not revealed, & if current economic slow down evades a recession and bottoms out in the near term; suddenly calling for 50 bp cut in 5 weeks, have to laugh at the glacial pace of Fed response from only 5 days ago;


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