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To: Thean who wrote (233)	5/12/1998 4:39:00 PM
From: Lucretius	Respond to of 14427

breadth was awful today, new high/lows was worse again today. Mkt will hit a new low next week IMO. MU did collapse today. Broke the uptrend going back to its recent low at 28. if it closes under 29, you break the trendline going back to the low of 22 in DEC (that's the real implosion point) Will this happen? I don't know. fundimentals say yes, but that means nothing. Good vol on the downside today though. hangin w/ CCI. still in the weekly downtrend channel. I don't buy the slight pullback in rates today.

To: Thean who wrote (233)	5/12/1998 6:20:00 PM
From: NucTrader	Read Replies (2) \| Respond to of 14427

LT or Thean What's your near term forecast for the drillers, who seem to be holding [barely] at support - OSX 114, and 200 day SMAs?