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To: Winkman777 who wrote (52042)	9/28/1999 4:58:00 PM
From: A. Geiche	Read Replies (4) \| Respond to of 95453

API crude down 3,684 M unleaded down 496,000 Dist. up 1,531 M

To: Winkman777 who wrote (52042)	9/28/1999 5:21:00 PM
From: Gary Burton	Read Replies (1) \| Respond to of 95453

Well, I'm still sitting with 76% cash and am down 3.5% so far on my portfolio from its all time high. I would love to rush in here but until I see 5 waves down or a completed ABC, I'm sitting on the sidelines.I'm quite content to watch everyone else load up. If I miss the lows, then so be it. Just not confident enough yet based on my reading of the charts... I think I see only an A wave down on the OSX and prob B up starting tomorrow but I will wait for C down before moving--At the moment, I am underwater 1/4 on RRC, up 1/8 on my TMR, up 1/4 on a software stock and down 40% % on HRC (damn hospitals). But with 76% cash, I am in no hurry to jump in when I think the sequence is not yet complete. And if I'm wrong, i'll be the first to admit it and move in a heartbeat to rectify it, Preserving capital at the moment is more important than trying to grab falling knives imo--although many here think they have caught the knives near the bottom from what I read.....I could change my mind in a heartbeat of course