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To: High Plains Drifter who wrote (5846)	12/22/1997 8:52:00 AM
From: Iceberg	Read Replies (1) \| Respond to of 95453

Joe, re: GLM hammer. IMO, it's technically not a hammer. My understanding is that by definition, for a candle to be interpreted as a hammer, it must be below the current trend. This would mean it would have to be below the low of 15 Dec, or below 22.81, to be a hammer. [please correct me if I'm wrong] It is however, a bullish white candle. Ice

To: High Plains Drifter who wrote (5846)	12/23/1997 11:42:00 AM
From: MonsieurGonzo	Read Replies (1) \| Respond to of 95453

Joseph Haut; RE:" GLM " Joe, we had strong Hammers on the entire sector Friday. There were no Hammers on any of the weekly charts. Monday's candlestick failed to confirm the reversal indicated by Friday's Hammers :-( Thus, the intermediate (weekly) DownTrend is still intact... ...the short-term (daily) DownTrend (within the weekly "channel") indicated reversal has FAILED. Check support at the low reached on last Friday - that's the short-term critical level now. Yeah - I know we are over-sold here, but people are still dumping OSX. What-ever stock you own or trade in this (OSX) sector, trade with SLB, and you will be "trading with the Trend". Do NOT take a position against SLB. -Steve