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To: The Perfect Hedge who wrote (12181)	2/19/1998 8:27:00 PM
From: John Carpenter	Respond to of 95453

Though I'm not normally the TA type, I looked at the last 30 days action in the OSX and it looks like a classic case of baseing after a severe hemorrhage. Our stocks are trading in a narrower range. I can't answer how long the baseing will last-my guess is anywhere from another week(if we're lucky) to another four months. Baseing is better than a sharp decline and the baseing period is usually followed by a resumption in the uptrend. After an intermediate term correction of this magnitude, the subsequent upturn is something not to be missed. Since I am unsure of the precise timing of these events(which will be dictated by events out of my control), I remain committed.