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To: benwood who wrote (48740)9/28/1999 3:39:00 PM
From: Skeeter Bug  Respond to of 53903
 
>>So is it SOX or is it the scenario that got MU here...<<

definitely the sox. when mu tanked to $20, i stated mu tanked for the wrong reasons. it tanked b/c everything else tanked that oct. it didn't tank b/c the prospects sucked.

mu follows the sox very closely, except to correct a serious dislocation (almost always to the downside, btw).

those fund managers can't think, so they just buy everything in a basket.