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Technology Stocks : Micron Only Forum

MU 246.84

+4.2%

Nov 14 3:59 PM EST

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To: John Graybill who wrote (49383)	10/19/1999 12:36:00 PM
From: John Graybill	Read Replies (4) of 53903

This forced march is not only, by far, the longest one I have ever seen, it is perhaps the most awesome show of force in recent memory. Nearly two hours and still going! I figure They had to buy everything to the bottom, call it 3M shares at about 10:25. I don't know WHAT was going on between 10:30 and 11:00. Whipsaw? Selling into broad-market buy programs? Dunno. Figure they're even for that half hour, that's 545K shares that don't count. The rest of the day has been them selling what they bought. Once they sell that stuff off, the volume would be about 6.545M shares. I won't look for a sell until then, but at that point that's the only thing I'll be looking for. Wonder who just puked those 300K shares at 12:28. Too big to be part of the market-wide sell progrma that just started. Dag nabbit, now it's 7.145M shares before I can look for a sell. Although 64 7/8 is just about exactly halfway between the low of 62 1/8 and yd's close of 64 1/4, and a lot of people subscribe to that and make it a self-fulfilling prophecy. Gonna try a short here with a quick exit if it ain't lower 5 minutes from now.

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