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To: The Perfect Hedge who wrote (12906)	2/26/1998 10:34:00 AM
From: Bazmataz	Read Replies (1) \| Respond to of 95453

<ot> Beeblebrox: How did you change your name from GD to Beeblebrox? I've been trying to change my name, but can't find where to do it without re-registering. I'm surprised they haven't mentioned OPEC meeting on CNBC. BC

To: The Perfect Hedge who wrote (12906)	2/26/1998 10:51:00 AM
From: Broken_Clock	Read Replies (1) \| Respond to of 95453

BB- I have been watching Jan and the P&F. I believe yesterday she said P&F sell.I think P&F is a better long term TA indicator. Candles are better sort term used in conjunction with support and trendlines. One reason for the short covering in oil is that yesterday oil bounced off the downtrend line. Now, many here don't give credence to TA, however, there are are a bunch of TA traders out there that are on staff with the funds and the fund managers listen to them for buy in points. Point...if the funds use it and you know that, you can also jump in or out with them and participate. TA has a lot to do with mass psychology. If oil can't break down thuogh a price what does that say? To me it doesn't say anthting about fundamentals. It says heaps about the traders "perceptions" of those fundamentals.If fundamentals was the only factor to move a stock then we'd still be at 80 on CDG. I view TA as an attempt by traders to quantify the psycholgy of the buyers and sellers. The variable is news that can't be planned for...it is after all "new" information. TA is like a rudder on a boat. It gives direction. The FA is the boat. The wind is the news. So all come into play. Today we have good news. The boat was still floating and headed in the right direction. We're just getting a little tail wind. PK

To: The Perfect Hedge who wrote (12906)	2/26/1998 12:28:00 PM
From: waverider	Respond to of 95453

>TA doesn't lie.It has been right during the big slide and P&F has been right so watch it.GD< Glen, if TA and P&F is so perfect can you answer this? Why don't those in the know just shut up, stop telling us all the secrets and make millions of dollars! Buy the company Glen, not the stock. These are not poker chips. Nothing is perfect in the market. No system. Nothing...except one thing...eventually the market rewards great companies with great numbers. I'll still buy you a cigar on that offshore rig we will be meeting on next year when we are all millionaires...unless of course you sold all your positions. Rick Hydrocarbon

To: The Perfect Hedge who wrote (12906)	2/26/1998 3:03:00 PM
From: PuddleGlum	Read Replies (2) \| Respond to of 95453

Beeble- Methinks that the HAL-DI merger is the catalyst for a SENTIMENT change in this sector. Don't be hard-nosed about it. You'll be able to buy these stocks a month from now 20% higher and still make a nice profit when you sell 6 months later. Just look at the semis. They bottomed in Dec, then meandered around in Jan-Feb, and see what's happened during the last couple days? OSX is just lagging, but they'll be there when you need 'em. pg