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To: Broken_Clock who wrote (10635)	2/5/1998 9:29:00 AM
From: donald sew	Respond to of 95453

Good morning all, The short-term technicals look very good for the OSX to continue up. The technicals are only in the upper mid-range which means that there is still plenty of upside room. It will start to get into the overbought region when it gets to 109-112 range, that is not to say it could not move up more. Sometimes the strongest moves are while it is in the overbought range. The OSX should not have much of a problem breaking through the 107 resistance line, and the next one is at 114. It could even approach/break thru the 107 line as soon as today. The S&P futures are up 5.50. It sounds like alot but the fair cash value is at 4.4 and buy programs to kick in at 5.90. I just heard that CRUDE is up this morning but dont know how much. If anyone can tell me - thanks. For the overall market, it is severely overbought but it is also reacting like a runaway train. Seeya all