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To: TREND1 who wrote (8849)	1/20/1998 2:47:00 PM
From: chuck weir	Read Replies (1) \| Respond to of 95453

Larry, are you suggesting to not buy until these levels are penetrated? The weekly stochastics and RSI on all three are suggesting the prices have bottomed (these signals for the past few years support an entry point). RDC and GLM have already had a 25%+ move; SLB a 14%+ (day low to todays high). How should the tool you suggested be used and by what type of investor (1 - 30 day, 30+ days, etc.)?

To: TREND1 who wrote (8849)	1/20/1998 4:57:00 PM
From: RGinPG	Read Replies (2) \| Respond to of 95453

Do you have any simple trading systems (set of objective rules) you would care to pass along? If I can get it to work in Metastock I will post it on my Website: lonestar.texas.net

To: TREND1 who wrote (8849)	1/21/1998 12:49:00 AM
From: Ms. X	Read Replies (1) \| Respond to of 95453

Hi Larry, Yes I do look at the monthly trend. What I like to see with a stock that has been moving down and whose monthly is negative; is that its daily and weekly momentum start to gain support and turn positive. This tells me the monthly turnaround is on the horizon. SLB monthly turns positive at 100 (stock breaks bearish resistance line at 84 along with two consecutive double tops. Yes!) GLM monthly turns positive at 41.360 (stock breaks bearish resistance line at 28 along with two consecutive double tops. Yes!) RDC monthly turns positive at 45.403 (Ooooh, bearish signal reversal on the horizon. Signal will be completed at 32. Very bullish signal if completed.) I'll have to add RDC to my list on that news. Hope I answered everything. Best of luck.