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To: DEER HUNTER who wrote (10337)7/26/1999 6:22:00 PM
From: Christiaan McDonald  Respond to of 21143
 
Your 5 5/8 buy point just might be pretty darn close. That should
break the 50 DMA I think and finish shaking out the traders who are
still around.

But we can tell more closely later this week. I was impressed by
the large blocks that was passed at prices above the ask today.
Someone was buying.

Ken



To: DEER HUNTER who wrote (10337)7/27/1999 11:04:00 AM
From: Christiaan McDonald  Respond to of 21143
 
So far so good today. If we hold 6 today and tomorrow then we may
have seen our low for this cycle because those trying to get in at
the bottom of this cycle will give up and start nibbling.

If 6 holds, then I think we will close Friday afternoon close to
7 but certainly above 6 1/2.

Ken


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