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To: Brian P. who wrote (57353)12/23/1999 9:49:00 PM
From: BigBull  Read Replies (1) | Respond to of 95453
 
Brian, I published some ta studies a while back that held up pretty well, with one exception. The BHI news took the OSX temporarily below support that I thought would hold. Support at the 200 dma was re-established rather quickly. The MACD buy signal of a few days ago is looking pretty solid. I've been watching some major buying going on in stocks like OII over the past two weeks. The large buyers are using the "I hate the OSX tax sellers" to mask their moves. An initial test of the recent highs is in order. Probably some kind of light 5 day sell off from there, then as the API's continue to pound away, maybe then the move through 100, sometime in Jan./Feb.

Zeitgeist Note: The press is now using the phrase "STRONG DEMAND FROM ASIA" more and more when explaining the tightness that is showing up in industrial commodities.