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To: Thean who wrote (12644)	2/23/1998 7:07:00 PM
From: davep	Read Replies (1) \| Respond to of 95453

Thean,emotions not FA or TA at work here.Go long dell,msft these guys have/will split and are breaking out.When you re a trader gotta use discipline-discipline cuts your losses,hope increases them.People it aint cool or brave to ride these storms the rest of the market is exploding up participate dont let osx blindside you come back when it shows some life-crude be goin' down.cut yer losses and put yer money to work

To: Thean who wrote (12644)	2/23/1998 7:47:00 PM
From: Chuzzlewit	Read Replies (1) \| Respond to of 95453

Thean, where is it written that "Until there is three consecutive days of a decoupling, they are connected." I though you gave up TA on this group. Regards, Paul

To: Thean who wrote (12644)	2/24/1998 12:38:00 AM
From: RGinPG	Read Replies (3) \| Respond to of 95453

I disagree with you Thean, which usually means I'm about to get burned. But anyway... here goes. The OSX HAS decoupled from oil prices. In the last 5 weeks oil is down 8% while the OSX is up 5%. To me, that's divergence. Also, if you look at the OIL -vs- OSX chart, it is true that (in the short term) the OSX falls when oil prices begin to fall, but it is ALSO true, that the OSX rises BEFORE the price of oil comes back up. Often, the OSX zooms up WHILE oil prices are plummeting. In addition, looking at the long term charts of oil prices, the price movement of the stocks does not correlate well with the movement of oil prices. Sometimes they move together, sometimes they go opposite, and sometimes the stock prices stay flat while oil is all over the place. See the chart of the week at my site rgdoczzz.home.texas.net It compares oil prices -vs- GLM & SLB going back to 1981. My conclusion: Oil rig supply & demand is probably a better long term determining factor than oil prices. Let me know if you come to different conclusions looking at the long term oil prices vs service stock prices. It is also interesting that oil prices look like they have been averaging about $17 per barrel over the last ten years, with dips down to $12.50 PB three times in the last decade (without much effect on stock prices I might add). So maybe we're headed for $12.50 oil again for a while. Certainly that is what the market is anticipating. My short term stochastics say that we are in for a good rally tomorrow. If we get a significant follow through sell off, then my stochastic system will be wrong for the first time in a long time. My TA may be wrong, we shall see. But I am much more confident in my FA in this sector. I'm in big time, and I'm staying that way. These are the best values in the U.S. market right now, eventually I WILL be rewarded.