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To: aerosappy who wrote (5242)	6/13/2001 12:53:59 PM
From: jim_p	Respond to of 23153

aero, I haven't shorted GLBL, but it looks like you should have covered last Friday. GLBL has historically missed their numbers, they are a late cycle play. I've tried to avoid shorting the seismic and construction companies. If I were to guess, I would expect the OSX to be in a trading range of 105-135 until August. I covered all my shorts a little to soon, now all cash. I would short at OSX 130-135 and start to cover at 110-120 for now. OSX has good support at the 119-120 level.

To: aerosappy who wrote (5242)	6/13/2001 9:34:48 PM
From: chowder	Respond to of 23153

areo, if I were short GLBL, and I'm not, this wouldn't be the time to cover, in my opinion. Today's candlestick trading pattern is what is known as a "shooting star." The Shooting Star Pattern is a trend reversal pattern, although I must admit it isn't one of the more stronger trend reversal patterns. This pattern indicates an end to an upward move. A rally attempt was completely aborted when the close occurred near the low of the day. This is a bearish pattern and favors the shorts. stockcharts.com[l,a]dhclyymy[pb50!b200!d20,2!f][vc60][iut!Ub14!Ua12,26,9!Lk14!Ll14!Lc20!Lh14,3!Lw25] The weekly charts show a Spinning Top, a sign of indecision. Since the Spinning Top appeared in an uptrend, the advantage now goes to the bears. Of course a catalyst can cause the pattern to fall apart. dabum