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To: Andrew Brockway who wrote (52189)	9/30/1999 1:59:00 PM
From: Think4Yourself	Respond to of 95453

Has anyone noticed the extremely negative spin on Doomberg today? They hit 3 of the energy sources, and ignored phenomenal gasoline demand. Looks like the funds are ready to start buying. Will the sheep run for the exits? Natural Gas Falls on Large Inventory Increase (Update1) quote.bloomberg.com ``All our storage fields that we manage are completely full- -except for one, which is at 97 percent,' said Doug Tinkler, director of eastern gas trading at Southern Energy in Atlanta. ``If we're that full, most marketers should be,' he said, adding that he believes the AGA has understated inventories all year. HMMMM, NO COMMENTS ABOUT DEMAND OR EXPECTED TEMPS THIS WINTER... --------------------- Heating Oil Falls After Russia Says Export Limits to End Friday quote.bloomberg.com Russian fuel oil exports could more than double to 800,000 barrels a day with the removal of limits imposed in August to help build domestic supplies for winter. HMMMM, IS THAT HEATING OIL LIKELY TO COME HERE? NON-EVENT? ------------------ Crude Oil Falls as UN Seen Allowing Iraq to Exceed Export Limit quote.bloomberg.com Crude oil fell from close to its highest level in more than two years on traders' expectations the United Nations will allow Iraq to exceed its six-month limit on exports, boosting supplies at a time of falling inventories. HMMM, IRAQ HAS BEEN PUMPING AT MAX FOR SOME TIME. ALSO CEILING IS ON PRICE, NOT QUANTITY. THIS IS A NON-EVENT

To: Andrew Brockway who wrote (52189)	9/30/1999 2:01:00 PM
From: victorw	Respond to of 95453

quake centered near Acupulca, can't spell it, on the coast. check BBC. I access it thru drudgereport.com victorw

To: Andrew Brockway who wrote (52189)	9/30/1999 2:12:00 PM
From: Gary Burton	Read Replies (1) \| Respond to of 95453

re DJIA---Only if it exceeds 10,733 is the DJ out of the woods---I think we are either in (iv) of Wave 3 here or in Wave 4 itself--Under elliott, Wave 4 cannot print above the 10,733 low of Wave 1 in a 5 wave sequence--and wave 4 usually tops out between 38%-50% retrace of Wave 3----so, if we are now in Wave 4, it should top out between approx 10,500 and 10,600 (38-50% retrace marks)----whereas if we are only in (iv) of wave 3, we should top out near approx 10,400-10,500--take your pick--currently 10,375 on window dressing maybe (note that 10,409 was the old support, which gave way, and 10,402 was the peak of a few days ago from which it dipped down again to a new low at 10,081)----either way, i still think we will undercut 10,081 low of Wave 3 in the next 1-2 weeks max. my 2c