The continuous spectrum of Markarian 421 during periods of X-ray satellite observations
New UBVRI photometry of Mrk 421 obtained during periods of X-ray satellite observations are presented. An X-ray light curve for 1977 November from the HEAO A-1 experiment is also given. The decomposition of the UBVR fluxes into a compact nonthermal component and an extended galactic component shows that there are coordinated variations in the optical nonthermal and X-ray emission. The data are consistent with the hypothesis that the mini-BL Lac object is emitting by the synchrontron-self-Compton process. The host galaxy of this composite source has properties like those of a giant elliptical.