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To: yousef hashmi who wrote (48604)9/24/1999 7:56:00 AM
From: John Graybill  Respond to of 53903
 
Price is $79, also on yahoo. Down from $85. You kids and your fundamentals. :-)

FWIW, my bet this morning is that today is a buy. (Could the past three or four days in the market be an end-of-quarter version of the pre-expiration collapse?) The only question is whether They gap-and-go the whole market or give us some fake follow-through from yesterday. Nobody in charge ever wants things to close on the week's lows.

Late yesterday, the MU They's kept trying to save it (obvious at the time, and in retrospect as well -- check the graphs for the last hour of MU vs DJII for example), but after three times (79 1/2 was ultimately overwhelmed), they just gave up and let the small fry fight each other.