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To: marc chatman who wrote (56940)	12/15/1999 5:10:00 PM
From: marc chatman	Read Replies (2) \| Respond to of 95453

It looks like the good action today was in the large institutional favorites. Other stocks showed some nice gains, but on unimpressive volume. FLC looked downright ugly -- yet another black candlestick. Is it my imagination, or does FLC close below its opening price about 90% of the time? And, like I commented the other day, you can almost take it to the bank that FLC will drop 1/4 at the closing bell. The OSX hit a stone wall at the 50 day EMA and closed right at the 200 day EMA. I had hoped this rally would at least hit the middle BB. I believe the API rally is pretty much over, and the path of least resistance is down. Hopefully, the OSX will test 69 and change and then enter the next leg of the rally.