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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: Sharp_End_Of_Drill who wrote (30826)	5/13/2003 3:03:33 PM
From: isopatch	Read Replies (1) \| Respond to of 36161

EENC not far from the 52 wk hi @ $10.29 Volume has picked up nicely. But, methinks it needs last hr come back in broad market to do the BO thing, today. Going out a few months, lo teens don't look like a problem. My take, FWIW. Isopatch

To: Sharp_End_Of_Drill who wrote (30826)	5/14/2003 7:38:11 AM
From: Arik T.G.	Read Replies (1) \| Respond to of 36161

It seems that equities cheered for the weak Dollar policy lately, although the S&P was actually ahead of the Dollar - the two distinct local low points for the S&P were on 3/11 and 3/31 while the two high points for the Dollar were on 3/21 and 7/4 respectively - Dollar phased 8-10 days late. But overall the two moves look quite similar, so a correction on the trend could come for both together. It is a small support to my call but was not an important consideration in making it. ATG