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To: John Graybill who wrote (47492)8/4/1999 3:54:00 PM
From: TREND1  Respond to of 53903
 
John
you wrote
""Action today and yesterday suggests to me that They would like to whipsaw us for a while before getting down to business. ""

True !

Larry Dudash



To: John Graybill who wrote (47492)8/4/1999 4:39:00 PM
From: Land_Lubber  Read Replies (1) | Respond to of 53903
 
A couple of big blocks sold at the low of the day, looks like MOC (Market On Close) orders. I wonder how many more of those were cancelled at the last minute. Looks like the script may be having some revisions made to it at this time.

Whoever is funding these surgeon-like buying assaults in periods of low volume, like electric shock to try to start a rally in MU, as well as when selling pressure starts to build, may have nearly had enough of this doomed task. No one, it seems, really wants to buy MU at these prices.

Wouldn't a gap down tomorrow be an appropriate follow-through to today's action at the close? Or is that just wishful thinking?

Land_Lubber