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Re: MU quandaryYou can’t own MU and ignore the Macro influence. It trades daily with the Naz but the major indexes are already down near 10% since Jan 1 and MU is down nearly double that. The Fed today put a band aid on the drop but I agree there is more bad economic news in the wings. Still I see MUs fundamentals and guidance requiring some response in the sp or at worse being a harbor in bad times having already been punished for success. |
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