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Non-Tech : OAKLEY- NYSE:OO

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To: Brian C. Lund who wrote (314)	4/10/1997 12:49:00 PM
From: E. Graphs	of 1383

I've been watching the chart on OO after looking at it for Christian last month. Very interesting change in the volume bias this week. I usually don't jump in until the breakout, cuz I hate to tie up $$ and waste time on stagnant stocks, but in this case I think the wait will be short. I've also looked over the thread for fundamental support and think timing is right. My only problem is that the market in general is becoming so obviously bearish. (I think we've been in a bear market for awhile now; it's just that it's been in the shadow of the large caps). I was looking for the Dow to fold and the Naz to lead, for a nice healthy change. But, the signals won't confirm. I don't think it will matter how great the story if there is no recovery in the Nasdaq. Any comments?

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