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To: donald sew who wrote (30673)12/9/1997 8:07:00 AM
From: ViperChick Secret Agent 006.9  Respond to of 58727
 
<I attempted to get into the XOI yesterday at 463 but due to a mishap I did not. It
was not a CLASS 1 BUY but I wanted to be in just in case it and the rest of the
market moves up. My strategy was to buy yesterday at the low and if it declined
more today I would just average down. The XOI would be considered a CLASS 1
BUY in the 467-468 range, not to say that I think it will get that low but just to
establish the bottom for this cycle in my mind.>

Don...you mean 457-458 don't you ...or do I remember your post wrong?



To: donald sew who wrote (30673)12/9/1997 11:01:00 AM
From: ViperChick Secret Agent 006.9  Read Replies (1) | Respond to of 58727
 
Don

I think we may get to your level today on the XOI

be happy you didnt get your trade yesterday!



To: donald sew who wrote (30673)12/9/1997 2:13:00 PM
From: MonsieurGonzo  Read Replies (2) | Respond to of 58727
 
Donald; RE:" XOI.X Big Oil Index..."

The XOI would be considered a CLASS 1 BUY in the 467-468 range,
not to say that I think it will get that low but just to establish
the bottom for this cycle in my mind.


...I'm sure you meant to type, 457~458, where support was tested on the XOI.X and held for 5 sessions last week.

The OEX appears to have supports at around 466-468; at least so far today.

The CEX.X - S&P Chemical Index has made an apparent top on its daily candlestick chart, Donald. However, its UpTrend is still intact.

-Steve