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To: marc chatman who wrote (16203)3/23/1998 7:16:00 PM
From: Broken_Clock  Respond to of 95453
 
marc

SLBs downtrend resistance line remains intact...the 4th "lower high"....

When i saw it fade off I bailed on the first minor bounce. been burned before. Last rally slb went first, then others followed next day. Since it backed off at the close, i doubt it will gap up tomorrow. I think we might see an early rally then fade all day. Stochastics didn't get a chance to rise up yet! Fade thru till next week then good news April 1st and rally into earnings. Predictions are cheap...heh, heh. Bought a few abx calls on a purely TECHNICAL bounce and zappo! Gold price came up right after i bought.

PK