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To: TREND1 who wrote (48797)9/30/1999 10:48:00 AM
From: Sridhar Srinivasan  Respond to of 53903
 
Larry:

Remember econ/stocks 101 states that stock price leads dram price ! The rise from 30 to 85 fore told of dram going from $4 to $20.

Interesting concept. But how does the stock price know which way DRAM is headed, meaning, the investors in the stock can only have an inkling as to where things are, but their "inkling" can be wrong.

Watching MU action over the past four years, I have learnt one definite fact: There are folks in the market (the so called smart money) that always seem to be a step ahead of the average small investor (like me). Now, if only I could find the next bottom to buy MU.... (G)

Thanks for the TA lessons.

Best Regards,

Sridhar