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To: TREND1 who wrote (32628)	4/29/1998 2:52:00 PM
From: yard_man	Respond to of 53903

Interesting. Will take a look at some recent history. Maybe recent history is an anomoly

To: TREND1 who wrote (32628)	4/29/1998 3:11:00 PM
From: ratan lal	Respond to of 53903

2) Last day of month and first four days of month. (6) Well...tonight's close is the start of the 5 days Market looks like it will CLOSE up substantially. DOW now up 87. Will be interesting to see tomorrow up. By May 4 we may have our DOW 9300 !!

To: TREND1 who wrote (32628)	4/29/1998 3:18:00 PM
From: Patrick Koehler	Respond to of 53903

Larry,, Jack Raines on the Prodigy INTC thread, as you may remember, is a strong supporter of this 5 day period. In fact, I was weighing that fact, trying to decide on MU's direction. I think that I did study it once for MU, but after a while, you have so many facts, you start forgetting some. I think that I will check tonight, and post back to you. Patrick

To: TREND1 who wrote (32628)	4/29/1998 5:57:00 PM
From: Patrick Koehler	Read Replies (3) \| Respond to of 53903

Larry, I finished my study on MU at the end of the month, as it may relate to income of funds and impact on MU prices. I checked back to the first of 1995 (actually the last day of 94). I also included if the stock was in a downward trend (1), and upward trend (2), or couldn't tell (0) I converted all numbers to percentages, then averaged it at the bottom of the columns. Tr LastDay 1stDay 2ndDay 3rdDay 4thDay Jan 1995 2 100.00% 98.06% 97.79% 98.63% 96.69% Feb 1995 2 102.26% 103.12% 103.39% 104.79% 103.66% May 1995 2 105.32% 110.41% 112.31% 115.90% 120.98% Apr 1995 0 104.03% 104.70% 106.04% 102.52% 103.19% May 1995 2 100.76% 99.54% 98.78% 102.27% 106.11% Jun 1995 0 107.21% 211.39% 116.21% 116.50% 114.41% Jul 1995 2 103.17% 99.76% 99.55% 100.22% 103.63% Aug 1995 2 100.19% 98.04% 97.25% 92.53% 93.32% Sep 1995 2 106.48% 107.51% 111.26% 119.97% 125.60% Oct 1995 1 101.82% 97.58% 94.55% 89.56% 90.46% Nov 1995 1 101.56% 97.42% 96.21% 95.17% 93.79% Dec 1995 0 102.50% 99.76% 98.40% 97.27% 95.44% Jan 1996 1 100.32% 103.73% 104.35% 101.24% 102.19% Feb 1996 0 101.87% 107.79% 107.79% 112.24% 124.44% May 1996 1 101.50% 97.38% 96.63% 100.39% 95.49% Apr 1996 0 101.57% 100.00% 97.26% 100.00% 100.41% May 1996 2 101.73% 103.10% 105.84% 104.47% 101.37% Jun 1996 1 102.71% 98.86% 96.15% 95.02% 94.25% Jul 1996 1 102.96% 104.93% 102.96% 101.46% 100.47% Aug 1996 0 101.32% 101.96% 121.19% 123.83% 119.17% Sep 1996 1 101.67% 98.90% 99.47% 95.08% 93.98% Oct 1996 2 104.02% 97.17% 97.98% 95.57% 96.37% Nov 1996 1 100.93% 98.62% 107.48% 109.83% 112.64% Dec 1996 2 101.14% 108.66% 112.03% 107.16% 107.91% Jan 1997 1 101.68% 101.68% 108.84% 107.56% 107.16% Feb 1997 0 101.41% 101.41% 98.22% 95.39% 93.27% May 1997 2 103.39% 105.07% 109.49% 115.24% 114.56% Apr 1997 0 102.17% 100.30% 99.05% 101.54% 103.41% May 1997 1 101.75% 108.11% 110.60% 114.13% 112.01% Jun 1997 2 99.70% 104.11% 102.04% 98.24% 97.65% Jul 1997 0 101.25% 102.83% 102.20% 102.20% 105.33% Aug 1997 1 106.96% 110.65% 113.64% 124.01% 129.34% Sep 1997 0 99.60% 101.26% 100.84% 99.32% 97.79% Oct 1997 1 102.32% 99.63% 99.28% 98.57% 101.78% Nov 1997 0 108.67% 112.40% 111.64% 115.84% 112.63% Dec 1997 2 100.24% 111.16% 109.17% 102.74% 101.98% Jan 1998 0 103.91% 109.31% 112.25% 110.76% 104.42% Feb 1998 2 104.64% 106.12% 112.95% 115.17% 113.13% May 1998 1 100.00% 98.23% 98.06% 102.34% 100.54% Apr 1998 1 103.30% 114.49% 115.79% 112.28% 111.86% Average 102.45% 105.88% 104.62% 104.92% 105.07% If these averages were applied to today's close of 30 7/16, the high for the next five days would be as follows: May 1998 0 $31.18 $32.22 $31.84 $31.93 $31.97 Tried to edit the columns for the averages, and it won't move, so it is off one column. Patrick

To: TREND1 who wrote (32628)	5/4/1998 1:48:00 PM
From: Patrick Koehler	Read Replies (1) \| Respond to of 53903

Larry, remember your question about seasonality, a week ago, and that stocks gained 5% during 5 days each month around the first? I then studied MU during the last day of the month, and the first 4 days of the month. It indicated that on the 4th day of the month, MU averaged an increase also of 5% over this 5 day period. Well, MU closed at 30.44 on 4-29. 30.44x1.05=31.96. and MU passed it today. I guess that we have to include this factor into future computations. Patrick