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To: Land_Lubber who wrote (42489)	1/26/1999 9:44:00 AM
From: John Graybill	Respond to of 53903

With the advantage of seeing NASDAQ opening up 20 today, let me point you to the V-bottom yesterday. In the short-term, one of those right on schedule at 10:30 AND a drop into 2:40 just before a buy that borders on panic and carries into the close (see INTC yesterday for a much better example of the latter than MU) says The Buy Is On for the two or three days at least, fundamentals be damned. The graph is where the rubber meets the road. That takes us to the end of this week, when the tout-festering takes over. Again yesterday, there were more Feb 80 calls changing hands than 75's. I think there's gonna be another shot past 75 before the end of February.