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To: Thomas M. who wrote (13337)	3/2/1998 11:14:00 PM
From: donald sew	Respond to of 95453

Hi Tom, Finished my analysis on the OSX. If you recall, I had previously indicated that the OSX was triangulating with the APEX around 98-99. Last week it dip to the 95 range on the news that the IRAQ issue was somewhat resolved, for the time being. Well it did not stay in the 95 range long and moved strongly up over 10 points in 4 trading days. With today's performance, it surpassed the previous peak at 104 and equalled the peak before, which strongly indicates that the OSX has bottomed, and that it should continue up in a normal manner with small dips along the way. Technically, the OSX is now in the overbought region per my short-term technicals, so it is likely that in the near future it should dip a little, market permitting and without CRUDE dumping in price dramatically. Also the overall market is now in position to pullback within 2 weeks and could happen as soon as this week. Still holding my GLM stock. Happy trading.