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Technology Stocks : Micron Only Forum -- Ignore unavailable to you. Want to Upgrade?

To: TREND1 who wrote (49293)	10/15/1999 11:12:00 AM
From: John Graybill	Read Replies (1) \| Respond to of 53903

Yep, they got it up to 69 in short order (69 1/4 as I type), but we have a lot of time left. Yesterday's 9:52 rocket looked like a can't-go-wrong buy, but the index of your choice was way below the morning low a couple of hours later. And then they mostly made it all the way back to even. One hell of a day! We know Whittington and/or his accomplices were burning a lot of fuel the other day keeping MU above 68 as everything else was selling off all day long. Greenspan opening his yap to cause this morning's early drop to 66 on pretty substantial volume wasn't a factor in anybody's "screw the option holders" spreadsheet last week. 70+ at the close today would suit me fine, but there's probably not as much "follow through" available for later today or Monday as there had been. Indeed, maybe Greenspan's speech has pulled the rug out from the bulls, and Monday's follow-through will be of a different kind entirely: "Once again, it looks as if the Bulls are getting sick again but this time it doesn't look like the Fed is going to try to 'spike' the bowl again. Instead, it is beginning to sound like the Fed is instructing the owners of the house where the party is raging to have mops and ammonia prepared because the bathrooms are likely to be very messy in the morning." -- "Fiend", from his commentary I alluded to earlier