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To: The Ox who wrote (53512)10/25/1999 5:19:00 PM
From: Gary Burton  Read Replies (2) | Respond to of 95453
 
CL9Z is now 23.25 bid and slipping--my sense is that IF it breaks 22.80, the high on this wave up is in and we are headed towards sub 20 as anticipated, which should do its intended job of shocking and scaring the daylight out of all the cash flow worshippers of Q3 numbers who are of course loaded with oily names because of the news background......Tomorrow night's API may be key.Will it or won't it, she loves me she loves me not. Show time is approaching. Will we see 24.75+ to a new high and me looking like a fool or will we continue on and go below 20 and shake out the weak hands at the bottom, leaving only strong hands? Are there 6 red cards in the hat or only 2?We shall see. -------Man am I getting killed on HRC!!. Not a good day, my trading profits on IFMX just evaporated as well and we're not even below 9976 yet.I 'lost' more money today than any other day in the entire correction. Sure wish we'd simply get all this over with so we can go back to making money. Probably up Tues on DJ but not 'safe' unless we take out 9976 on fewer new lows and better breadth to complete the sequence and create a positive divergence for once and get all the techies excited-my 2c.