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$MU Micron's fundamentals haven't deteriorated; it's just cooperating with South Korea to clear high leverage. It's just that too many of you have heavily bottom-fished. Actually, it hasn't dropped much; the price has just returned to where it was in May. It's not time for a halving yet... When the leverage cleanup is mostly done, there will be a proper rebound. 1200 might be a cyclical top, maybe or maybe not. If it rises again in the first quarter of next year, that should be the peak...#FedRateDecision #BigTechEarningsNight #SKHynixRecordMiss
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