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To: marc chatman who wrote (52873)	10/12/1999 5:52:00 PM
From: Gary Burton	Read Replies (2) \| Respond to of 95453

Marc-Due to good oil API's, I suspect the OSX will rally tomorrow. If it takes out 75ish, I would be 60/40 in favour of today being (iv) down of a 5 wave A, with (v) up tomorrow/Thurs above 75ish to finish A only---40% chance that today was part or all of B (eg osx may fail below 75 tomorrow and then print below today's low to complete B)---- Theoretically, OSX could go all the way to just below 91ish before peaking out (if a drop below 65 is to follow) so, my high 70-low 80's is just a hunch at this point. I notice that if one connects the low points of the see-saw upside trend action since June, one arrives at 84ish where we would soon reach the uptrendline that was broken, and the 50dma is at about 82 so we shall see.----When I look at the crude oil chart, I see only a sharp spike down to a bit above 20.50 and now a rally--so it looks like an A-B to me with a C down below 20 to come to shake out the weak holders who don't want to see oil breaking a round number like 20.---Just my 2c. I may prove to be totally wrong in here. But i'm not prepared to play just yet in size. everyone else of course do whatever your instinct tells you to do. Don't blame me if I'm wrong, since I post here for fun and in no way expect anyone else here to treat it as the gospel (vbg)--looks like the DJ is about to retest that 10,000 I have been anticipating.