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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?

To: wizzards wine who wrote (614)	2/12/1998 12:58:00 PM
From: Gottfried	Respond to of 34811

ww, * OT oil service stocks * You said >Oil service stocks all red.[snip] Good buying time or more correction? < FWIW: bought some more ESV @ 28 1/2, partly because bullish % for sector is already 40. And earnings projections remain strong. Based on YE98 earnings P/E is <12. I'll ignore short term volatility on this one. GM

To: wizzards wine who wrote (614)	2/12/1998 3:42:00 PM
From: Ms. X	Read Replies (1) \| Respond to of 34811

Hi Preston, It will be interesting at the end of the day to see what happened with individual stocks. I think we will see who are the performers and who aren't. We know the sector as a whole is good so I will be hard on those that fell apart today; broke trend lines, areas of support etc. A lot of stocks had moved up significantly so these pullbacks are only part of the natural movement. As much as we would like stocks to only go up, they just don't. After market close I'll be updating my charts. All the best, Jan