MU shows strong technicals and low forward valuation; expected to appear cheap at $1,000.

Now, if you look at valuations, well, the market's at a crazy valuation. When I look at the overall market, when you look at something like Micron, Micron's trading at 21 times

When you look at something like Micron, Micron's trading at 21 times earnings right now, when you look at forward earnings, it's trading at incredibly about a 6PE because of the projections for earnings uh into the next quarter and into early next year.

And a matter of fact, you see Micron is up $50 today in what is quite a bullish pattern that we see.

When I look at Micron, it says to me, boy, there's a lot of strength there. And that stock is going to look very cheap to investors at $1,000, believe it or not.