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To: TREND1 who wrote (48655)9/24/1999 1:45:00 PM
From: John Graybill  Respond to of 53903
 
Larry, give Hal all the malt liquor he wants -- he was only off by a point, and from a prediction made a whole day earlier at that.

I got faked out by the fake down-open (!) and loaded up on Oct 85 calls. I started sweating after the 76 goons tried to support it (the volume spike on the graph is still unmistakable) but got overwhelmed by the market-wide selling.

Looked like the end of the world, huh? Broke the 20-SMA, it's way below my trendline, etc. Looks almost like another 10/8/98. IMO, today's bottom, now that's a bottom -- and not just in MU. Viva El Scenario! :-)