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To: davep who wrote (11225)	2/10/1998 12:45:00 PM
From: Broken_Clock	Read Replies (1) \| Respond to of 95453

davep, I think everyone is distracted today with the DOW flirting with 8,300.I don't think a lot of people were really expecting record territory in the DOW with earnings fading this next quarter pretty much a given.I would be more surprised if we didn't have a big correction here pretty quick. Hey Jan...what's the risk/reward with the DOW at 8,300? PK

To: davep who wrote (11225)	2/10/1998 12:46:00 PM
From: RGinPG	Read Replies (5) \| Respond to of 95453

<< TA >> lonestar.texas.net Wanna see a chart that will scare the absolute bazoodies out of you? Check out the "Back to the 1970's" chart at my site. It traces GLM, SLB, and HAL stock prices back to the 1970's. GLM's chart is especially disturbing. Someone remind me why this is NOT like 1981. I wish I could get oil prices that far back, anyone know how to do this? Big Dog, reassure me ... please. The strength, or at least the lack of weakness, today is surprising to me. It could be just a reflection of the ever more accepted notion that this sector HAS turned around in the face of positive sentiment in the overall market today. I think it is just a short lived (one day) trading opportunity (to sell into strength for short term). The gains today are NOT confirmed in the OIX or XOI (flat to slightly down so far, down yesterday). Thean? (These bearish comments are strictly meant for the short term market, that is days to weeks, I'm still long with 80% of my portfolio)